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3. The Technology
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Chapters in this book
- Frontmatter i
- Epigraph v
- Contents vii
- Foreword ix
- Preface xi
- Acknowledgments xvii
-
Part I: The Framework
- 1. The Framework 1
- 2. Bitcoin and Money 18
-
Part II: The Technology
- 3. The Technology 41
- 4. Proof-of-Work Versus Proof-of-Stake 67
- 5. Long-Term Security Budget 77
- 6. How Do You Kill Bitcoin? 85
- 7. Once-in-History Invention 97
-
Part III: The Economics
- 8. Money and the State 109
- 9. Inflation: The Hidden Tax 125
- 10. A Store of Value 146
- 11. Global Adoption 160
-
Part IV: The Politics
- 12. The Surveillance State 171
- 13. “Governments Will Ban Bitcoin” 188
- 14. Law and Regulation 199
- 15. Bitcoin and Geopolitics 206
- 16. Bitcoin and the Environment 215
-
Part V: The Philosophy
- 17. Sovereign Prerogative 225
- 18. The Cypherpunks 242
- 19. Time Preference 249
- 20. Narratives and Memes 258
- 21. Bitcoin Is a Mirror 265
- Notes 273
- Index 297
Chapters in this book
- Frontmatter i
- Epigraph v
- Contents vii
- Foreword ix
- Preface xi
- Acknowledgments xvii
-
Part I: The Framework
- 1. The Framework 1
- 2. Bitcoin and Money 18
-
Part II: The Technology
- 3. The Technology 41
- 4. Proof-of-Work Versus Proof-of-Stake 67
- 5. Long-Term Security Budget 77
- 6. How Do You Kill Bitcoin? 85
- 7. Once-in-History Invention 97
-
Part III: The Economics
- 8. Money and the State 109
- 9. Inflation: The Hidden Tax 125
- 10. A Store of Value 146
- 11. Global Adoption 160
-
Part IV: The Politics
- 12. The Surveillance State 171
- 13. “Governments Will Ban Bitcoin” 188
- 14. Law and Regulation 199
- 15. Bitcoin and Geopolitics 206
- 16. Bitcoin and the Environment 215
-
Part V: The Philosophy
- 17. Sovereign Prerogative 225
- 18. The Cypherpunks 242
- 19. Time Preference 249
- 20. Narratives and Memes 258
- 21. Bitcoin Is a Mirror 265
- Notes 273
- Index 297