Beyond Digital Gold

In 1971, the last link between money and gold was severed. The greatest monetary experiment in human history began-and it is failing.

Throughout the world, each generation finds it harder than the last to build wealth. Government debt has reached levels once thought impossible. Central banks manipulate interest rates, punishing savers, inflating asset bubbles and complicating productive investments. Unbridled money compounds inequality, feeds social and political discontent and encourages conflicts globally.

The monetary system designed in the twentieth century cannot survive the twenty-first.

Bitcoin represents the most credible path to sound money. Perhaps the only path.

For fifteen years, skeptics predicted failure. They were wrong. Bitcoin survived every attack, every crash, every obituary. Today it sits on corporate balance sheets and in sovereign reserves. The debate about whether Bitcoin can succeed is over.

But Bitcoin as savings technology is not Bitcoin as money. Something is missing-and almost no one is talking about what it is.

Drawing on major monetary theories, Beyond Digital Gold provides the theoretical foundation for understanding Bitcoin's monetary evolution, examines why gold failed and why CBDCs will fail, and charts the institutional architecture required to transform Bitcoin from a store of value into a complete monetary system.

What you'll find:

• Rigorous documentation of fiat money's global pathologies
• Austrian and Post-Keynesian perspectives on money and credit
• Frank assessment of Bitcoin's current capabilities and constraints
• A framework for Bitcoin's evolution into a complete monetary system
• The case for Bitcoin-native credit institutions