'Bitcoin Standard' author explores reality where decentralized gold stopped WWI

Saifedean Ammous, the author of The Bitcoin Standard, released an alternate history last fall, in which a decentralized gold system uproots central banking.

Author of The Bitcoin Standard, Saifedean Ammous, believes that fiat is the central problem plaguing society. "The 20th century is just an enormous amount of wealth being taken away from people who produced it and being sent to the meat grinder of war. And this is what fiat does," he told Cointelegraph.

"If you take that away, we get a lot less murder and death, and then we get a lot more prosperity, productivity and a lot more wealth.”

In his latest book, The Gold Standard, he explores this very concept. What if the civil, political and social upheavals of World War One never happened? What if a new, decentralized form of money took hold, soon after the war began in 1915?

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