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Go to My LibraryBitcoinstandarden Det desentraliserte alternativet til sentralbanker
- Language
- Norwegian
- Published in
- Publisher
- Amazon Digital Services LLC - Kdp
- Pages
- 300
- ISBN
- 9789916723661
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The book is widely praised for its initial chapters, which provide a clear, well-written, and engaging historical overview of money's evolution, from primitive forms to monetary metals. Reviewers highlight the author's ability to explain the fundamental principles that underpin various monetary systems in an informative and lucid manner. When the book focuses on Bitcoin, it presents a compelling case for its potential as "sound money," detailing its unique properties as a store of value, its stable system design, and its antifragile characteristics. Many readers appreciate the book's perspective from the Austrian School of Economics, finding it a valuable resource for understanding concepts like time preference, inflation, and capital accumulation, and for connecting Bitcoin to broader economic theories. Even critical readers acknowledge that the book can be thought-provoking and stimulating, encouraging deeper consideration of monetary systems.
However, a significant portion of the book, particularly the middle chapters, draws substantial criticism for its highly ideological and dogmatic tone. Reviewers frequently describe these sections as rambling, exaggerated, and poorly argued, accusing the author of making juvenile assertions and using circular reasoning. Common complaints include the author's tendency to attribute nearly all societal problems, such as wars, crime, and the perceived decline of art and technology, solely to fiat monetary systems, often without sufficient evidence. The book also contains controversial personal attacks on prominent economists, which many found to be easily falsifiable and detrimental to the author's credibility. Additionally, some readers noted factual inaccuracies or a lack of technical depth regarding Bitcoin and blockchain technology, alongside contradictions in the author's arguments. The structure is sometimes criticized for being repetitive, poorly edited, and containing extensive, opinionated tangents that detract from the main subject.
Overall, reviews for this book are mixed, with many readers expressing disappointment that the strong initial and concluding sections are overshadowed by the contentious middle. It is generally considered a suitable read for individuals who are new to the concepts of economics or Bitcoin, offering a foundational introduction without delving into complex technical details. Readers interested in a historical perspective on money, particularly from an Austrian economics viewpoint, and those seeking to understand Bitcoin's potential as a "sound money" alternative to fiat currencies, will likely find value in this book. However, professional economists, individuals with existing knowledge of monetary theory, or those looking for an in-depth technical analysis of blockchain and cryptocurrencies may find the arguments oversimplified, biased, or lacking rigor.
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