By: Kayli Hillebrand on November 10, 2022
Saifedean Ammous is an Austrian based scholar focused on the research and teaching of bitcoin. In his foundational book The Bitcoin Standard: The Decentralized Alternative to Central Banking he lays out the various components and interworking of the cryptocurrency bitcoin. I must admit that this is not a topic that I easily understand and even…
By: Alana Hayes on November 10, 2022
Have you ever heard the phrase that 99 % of statistics are made up? The joke is that you can throw any number you want in there because numbers hold no relevancy in statistics. I’m not saying that generalization is accurate, but I do wonder if that phrase came about because the mainstream population didn’t…
By: Nicole Richardson on November 10, 2022
There are a few things I just don’t understand: Facebook algorithms, people that drive on the road like they are the only one there, those who can’t seem to have their money ready at the register, and cryptocurrency. Somehow, I have a better grasp on the Trinity than I do on bitcoin/NFT’s. Saifedean Ammous, author…
By: Elmarie Parker on November 10, 2022
Reading Saifedean Ammous’ book, “The Bitcoin Standard: The Decentralized Alternative to Central Banking,”[1] added another layer to my global perspectives’ leadership map. Part history of money and economics, part societal-political analysis through this history lens, and part technology guide to the newly developing arena of cybercurrency—specifically Bitcoin, Ammous sheds light on “…the problems money attempts…
By: Troy Rappold on November 10, 2022
Saifedean Ammous wrote, “The Bitcoin Standard: The Decentralized Alternative to Central Banking” in 2018, ten years after the Bitcoin phenomenon began in November, 2008. An individual, or perhaps a group of individuals, used the pseudonym Satoshi Nakamoto to announce that they have produced a “new electronic cash system that’s fully peer-to-peer, with no trusted third…
By: Chad McSwain on November 10, 2022
“I told ya’ll!” That was the declaration during our car ride as my friend exuberantly pointed out that he is the winner of the bet, and that he is (almost) always right. The latest bet was on the price of pomegranate at Wal-Mart and who can guess the closest price. The bet ensued to raise…
By: David Beavis on November 10, 2022
“The more you see, the less you know. The less you find out as you go. I knew much more then, than I do now.” These opening lyrics to U2’s City of Blinding Lights constantly ran through my mind as I read Tom and David Chivers’ How to Read Numbers.[1] Countless articles, statistics, and “facts”…
By: Shonell Dillon on November 9, 2022
One of my favorite groups the O’Jay’s has a hit song that has a line in it that says… Money, Money, Money. The lyrics go on to say,” some people got to have it, some people really need it”. I thought of this song as we were told we would be reading about Bitcoin. My…
By: Jonathan Lee on November 9, 2022
Dr. Saifedean Ammous is an economist who holds his Ph.D. in Sustainable Development from Columbia University. In this book, The Bitcoin Standard: The decentralized alternative to central banking, Dr. Ammous presents the economics and history of bitcoin to introduce the workings of the new digital currency for the new digital economy of the future. Bitcoin…
By: Becca Hald on November 9, 2022
“Your son has autism.” When I first heard those words in 2004, I had no idea what they meant. Autism? You mean like Rain Man? I felt a sense of relief that the behavioral issues we had seen were not “my fault.” I felt a sense of empowerment, I could do something to help my…
By: Michael Simmons on November 9, 2022
In the book The Bitcoin Standard: The Decentralized Alternative to Central Banking, Saifedean Ammous lays out a fabulous history and sociology of money. He dives deeply into this discussion, while dropping one-liners and understandable definitions that summarize and synthesize his main points. As someone who is frankly averse to economic concepts, Ammous makes this conversation…
By: Roy Gruber on November 9, 2022
In The Bitcoin Standard, author Saifedean Ammous states a bold premise. “Bitcoin represents the first truly digital solution to the problem of money, and in it we find a potential solution to the problems of salability, soundness, and sovereignty.”[1] Ammous argues for bitcoin as the world’s first government-free, unchangeable, and sound currency. He refers to…
By: Andy Hale on November 9, 2022
“I’ll trade you this for that,” words spoken in many languages across every continent and reaching back before written history. Bartering and currency exchange are the bedrock of civilizations’ financial systems, no matter the context. The idea of coin currency came about in 770 B.C.E., all thanks to the ancient Chinese. [1] It came in the…
By: Eric Basye on November 9, 2022
As a college student studying social work and psychology, I was required to take two economics classes as part of my core classwork. I am pretty sure that in another life, I would have gone on to study business and economics in pursuit of a life of entrepreneurship. Well, maybe that, or I would have…
By: Shonell Dillon on November 9, 2022
The title being “Leading out of who you are” brings up a question of “who are you”? The authors writes about the undefended leader. He states that “Leadership is about who you are and less about what you know or the skill you have”.[1] This to me indicates that being a leader is already inside…
By: Jean de Dieu Ndahiriwe on November 8, 2022
How to Read Numbers: A Guide to Statistics in the News must be fascinating and insightful. It was very hard to find a good eBook copy anywhere online or a more detailed review as on many other books covered before. As I struggled to find the book summaries online in vain, I remembered my own…
By: Jenny Steinbrenner Hale on November 7, 2022
At first glance, I thought Tom and David Chivers’ book on understanding numbers and stats in the news looked like a dry read. I checked it out of the library, fully expecting to return it when I was done and not read it again. However, How to Read Numbers, A Guide to Stats in the…
By: Sara Taylor Lattimore on November 7, 2022
In the world of networking and job searching we often hear the phrase, its not what you know but who you know tossed around when a job rejection comes across the table or a job offer for that matter. Advocated for networking will also point out this deep connection between knowing people and success. In…
By: Kristy Newport on November 6, 2022
There is a well-known story that is told of a little boy (or little girl, according to the adaption of the story) who was walking along a vast beach, throwing starfish back into the ocean. Many starfish populated the beach because the tide had washed them up onto the shore. An old man approaches the…
By: Shonell Dillon on November 5, 2022
The author spoke about the dividing of our thinking into subsystems. He described that there was two subsystems that exist. The first subsystem was type one thinking.This thinking consist of being able to think through a thing with little to no effort. On the other hand there is type two thinking, which requires you to…
