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Ebook About In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a "layered" manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies. Bhatia's analysis begins in Renaissance Florence with the gold Florin coin and a burgeoning banking culture, continues with the evolution of central banking, and concludes with a vision for the future of our international monetary system. As central banks around the world prepare to launch their own crypto-competitors, Bhatia illustrates how the invention of Bitcoin created a seismic shift in money and merged the monetary and cryptography sciences. His unique analysis of "layered money" illuminates money markets for the general reader and shows how Bitcoin is becoming a trusted global currency. Readers will come away with an understanding of the mechanics of our financial system, why the dollar is deeply entrenched despite its state of disrepair, and how Central Bank Digital Currencies (CBDCs) and cryptocurrencies will interact in our new monetary future.Book Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies Review :
Great overview and explanation of how money has historically worked, using the concept of layers rather than overly complicated models of assets vs. liabilities on a balance sheet. It’s a much easier way of visualizing the way money moves and who controls what in a monetary system. Looking at money through this lens, it becomes easy to see how and why BTC became the first layer asset in a digital system — and why there can be no other.Be a first layer holder. Own your own keys. ✌️ This book provides an excellent account of the history of money and associated markets and how we got to the current financial landscape that involves central banks. It uses a layered pyramid to situate different forms of money and how they relate to each other. It then describes why Bitcoin is a breakthrough that is changing the entire monetary landscape.Despite the fact that I had a good understanding of many concepts in this book already, I benefitted greatly from it due to two main reasons. First, the account of monetary history and how it evolved. Second, the use of layered pyramid functions as a single thread that binds all the things together.I highly recommend reading this book. Read Online Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies Download Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies PDF Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies Mobi Free Reading Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies Download Free Pdf Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies PDF Online Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies Mobi Online Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies Reading Online Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies Read Online Nik Bhatia Download Nik Bhatia Nik Bhatia PDF Nik Bhatia Mobi Free Reading Nik Bhatia Download Free Pdf Nik Bhatia PDF Online Nik Bhatia Mobi Online Nik Bhatia Reading Online Nik BhatiaRead Memory in Death (In Death, Book 22) By J. D. Robb
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