Principles of Bitcoin
Technology, Economics, Politics, and Philosophy

By (author) Vijay Selvam

ISBN13: 9780231220125

Imprint: Columbia University Press

Publisher: Columbia University Press

Format: Hardback

Published: 03/06/2025

Availability: Not yet available

Description
Principles of Bitcoin presents a holistic, first-principles-based framework for understanding one of the most misunderstood inventions of our time. By stripping away the hype, jargon, and superficial analysis that often surrounds the crypto industry, this book uncovers the true ingenuity behind Satoshi Nakamoto’s creation—and its profound implications for the future of money, governance, and individual freedom. Vijay Selvam analyzes the technology, economics, politics, and philosophy of Bitcoin, making the case that only through this holistic understanding can we gain an appreciation of its true meaning and significance. Readers are invited to consider Bitcoin as a tool for individual empowerment, a catalyst for economic autonomy, and a challenge to traditional monetary systems. Selvam demonstrates why Bitcoin stands alone in the digital asset space as a path-dependent once-in-history invention that cannot be replicated. Principles of Bitcoin is an invaluable resource for professionals in the financial world seeking a rigorous and accessible understanding of Bitcoin. Students, curious thinkers, and all who find the technology daunting will also benefit from its clear, foundational approach. Equipping readers with the tools to grasp the many facets of Bitcoin, this book is an ideal guide to exploring its role in shaping a more decentralized, transparent, and equitable future.
Foreword Preface Acknowledgments Part I. The Framework 1. Why Are We Talking About This? 2. Bitcoin and Money Part II. The Technology 3. Bitcoin’s Architecture 4. Proof of Work Versus Proof of Stake 5. Long-Term Security Budget 6. How Do You Kill Bitcoin? 7. Once-in-History Invention Part III. The Economics 8. Money and the State 9. Inflation: The Hidden Tax 10. A Store of Value 11. Global Adoption Part IV. The Politics 12. The Surveillance State 13. “Governments Will Ban Bitcoin” 14. Law and Regulation 15. Bitcoin and Geopolitics 16. Bitcoin and the Environment Part V. The Philosophy 17. Sovereign Prerogative 18. The Cypherpunks 19. Time Preference 20. Narratives and Memes 21. Bitcoin Is a Mirror Notes Index
  • Finance
  • Distributed databases
  • General (US: Trade)
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List Price: £25.00