Bitcoin: Money For Freedom
An illustrated book that explains money, inflation and Bitcoin one simple idea at a time.
Get it on Amazon ↗About the book
Bitcoin: Money For Freedom is a visual book. Every page has one idea and one clean illustration, so you can read it in a single sitting and come away actually understanding why Bitcoin exists.
It starts long before Bitcoin, with barter and the seashells, stones and glass beads people first used as money. From there it shows how money loses value when more of it is created, what that means for your savings and your chances of buying a home, and why a money with a fixed supply is different.
Who it’s for
- You keep hearing about Bitcoin and want the simple version
- You want to understand why your savings buy less every year
- You want something to hand a friend or family member who is curious
- You prefer pictures and short pages over long chapters
What the book covers
- Money as stored economic energy
- Barter, and why trading a horse for corn was so hard
- Seashells, stones and glass beads as early money
- The first case of monetary inflation
- Why printing money makes things cost more
- The US dollar's lost value over the last 100 years
- Why a savings account loses purchasing power
- Who wins and who loses from inflation
- Zimbabwe's million dollar bill
- Stimulus, taxes and inflation
- Why Bitcoin?
- A ledger kept by a network of computers instead of a bank
- A supply that will never pass 21 million
Key ideas
- Your purchasing power depends on your share of the money supply, so new money dilutes your savings.
- Inflation helps people who own assets and hurts people who hold cash.
- Bitcoin is a ledger kept by a distributed network of computers, not by a bank.
- Its supply is capped at 21 million and its issuance cannot be changed by any government.
About the author
Jeff Kirdeikis founded TrustSwap, a decentralized finance platform that has secured more than $3 billion across 10 blockchains. He lives in Squamish, B.C. More about Jeff
Also by Jeff: Building Wealth: Freedom of Time & Money