Columbia University Press
Principles of Bitcoin
About this book
Author / Editor information
Alex Gladstein is the chief strategy officer of the Human Rights Foundation.
Reviews
Vijay Selvam has written a brilliant and beautiful book that very simply, but very thoroughly, covers all aspects of Bitcoin. In these pages, Selvam takes you from someone with zero knowledge about the subject to a budding expert.
Jeff Booth, author of The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future:
Clear, concise, and comprehensive. Vijay Selvam's book is the perfect guide for anyone looking to understand the importance of Bitcoin from the ground up.
Jameson Lopp, cofounder & CTO, Casa:
Bitcoin is an incredibly difficult system to grasp fully. It acts like a mirror insofar as it tends to reflect your own education, skill set, and worldview when you gaze upon it. Principles of Bitcoin is a masterful work in which Selvam has collected the perspectives of hundreds of cypherpunks, philosophers, historians, economists, legal scholars, and more to lay out a comprehensive explanation of Bitcoin’s fundamental properties.
Richard Byworth, managing partner, Syz Capital:
This book is the most thorough and complete analysis of Bitcoin in existence. It takes the reader through subject matter that is normally covered in thousands of hours of research in just 300 pages, referencing philosophers, economists, cryptographers, and technologists. The encyclopedic coverage of each aspect of Bitcoin is blended effortlessly with storytelling, analogies, and examples to ensure reader engagement even through some of the more complex areas.
Lyn Alden, author of Broken Money: Why Our Financial System Is Failing Us and How We Can Make It Better:
Principles of Bitcoin provides one of the most logical frameworks for analyzing Bitcoin that I've ever seen, and with a high degree of professionalism and extensive references. This is absolutely a standout among books on the subject.
Topics
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Frontmatter
i -
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Epigraph
v -
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Contents
vii -
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Foreword
ix -
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Preface
xi -
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Acknowledgments
xvii - Part I: The Framework
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1. The Framework
1 -
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2. Bitcoin and Money
18 - Part II: The Technology
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3. The Technology
41 -
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4. Proof-of-Work Versus Proof-of-Stake
67 -
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5. Long-Term Security Budget
77 -
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6. How Do You Kill Bitcoin?
85 -
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7. Once-in-History Invention
97 - Part III: The Economics
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8. Money and the State
109 -
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9. Inflation: The Hidden Tax
125 -
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10. A Store of Value
146 -
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11. Global Adoption
160 - Part IV: The Politics
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12. The Surveillance State
171 -
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13. “Governments Will Ban Bitcoin”
188 -
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14. Law and Regulation
199 -
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15. Bitcoin and Geopolitics
206 -
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16. Bitcoin and the Environment
215 - Part V: The Philosophy
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17. Sovereign Prerogative
225 -
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18. The Cypherpunks
242 -
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19. Time Preference
249 -
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20. Narratives and Memes
258 -
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21. Bitcoin Is a Mirror
265 -
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Notes
273 -
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Index
297