Nikhil Bhatia Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies
A**R
An Excellent Introduction to the History of Modern Banking and Credit
A very accessible book for those who may be curious about the history of money and credit and how the first banks and central banks formed, with a focus on how the current banking system might evolve as Bitcoin continues to grow in importance and adoption. A short, but great read for discovering new ideas to explore. If you're like me, you will probably come away wanting to read Wikipedia articles about the difference between various forms of the US Dollar over the years (US Notes in red, Federal Reserve Notes in green, etc).Definitely recommend for those wanting to explore Bitcoin and the history of banking, but this may disappoint those looking to take a deep (long) dive into the history or want a deeply academic dissection. I suspect Nik may write a second, larger book to follow up and I look forward to it.
B**Y
Essential reading for 2020 & beyond.
Nik Bhatia takes you through the history of money in compelling fashion. The book is so easy to read and infinitely informative especially in a time like now when the money supply is bogus and created out of thin air. Nik takes you into a golden age of hard money. He also explains how layered money systems work in the world we live in and where we inherited the tradition. This book is a must for anyone who lives now and uses money.
W**M
Riveting. Brilliant.
Brilliant introduction into monetary systems, their history, and how Bitcoin will become the choice reserve of the future global monetary system as well as universally trusted currency.
I**L
Ny book purchase of the year
a complex topic very well explained. Book purchase of the year.
D**S
Eye opening read on how our money system is built and it’s history
I loved reading this book. It addresses a historically and currently super complex area and distills it into easy to read chapters.It builds up the willingness to learn more whilst satisfying the curiosity of how the “world” works and will make coffee table conversations about the state of the economy much more interesting.Can and should be read by young teenagers and growing up gen z’s.Highly recommended!!!
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