Do you think you know something about Bitcoin and Austrian Economics? If so you may be ready for Cryptoeconomics. This is not a work for the uninitiated. The content is dense – it does not repeat itself. It is not a contribution to the echo chamber, will not show you how to set up a wallet, the future price, or what to do. Cryptoeconomics applies rational economic principles to Bitcoin, demonstrating flaws and unnecessary complexities in them, and in common understandings of Bitcoin. It will improve your understanding of both. Bitcoin requires a new, rigorous, and comprehensive discipline. This is it. Bitcoin is something new. It seems to defy understanding. Has there ever been a fixed supply money? Is there another case of production cost varying directly with product price? Is there anything else with a competitive yet fixed rate of transactability? To see past the hype, understand the value proposition, security model, and economic behavior, this may be your only source. Bitcoin is economics, technology, and security. Without incorporating all of these aspects, errors will be made. Economists, technologists, security experts, and even numerologists have attempted to explain it. Each brings a limited perspective, failing to incorporate essential aspects. The author found himself uniquely qualified to integrate them. His work in Bitcoin began with a hardware wallet. He spent a year analyzing threats, working with electronics design, hardware exploitation, and state surveillance experts. He chose the Libbitcoin software library, as Satoshi’s prototype was not factored for development and was largely financed by the Bitcoin Foundation, a corporate consortium. He later dedicated himself to Libbitcoin, eventually writing or editing all of its ~500,000 lines of code. Few have comparable experience with such a comprehensive Bitcoin stack. As a combat-experienced fighter pilot in the U.S. Navy he experienced state threats. He became a highly-qualified Strike Fighter Tactics Instructor, in which his primary role was tactics analysis and threat presentation. He also advised for the Navy on the Strike Fighter Training System network, Joint Strike Fighter, early GPS weapons, and F/A-18 systems. His understanding of the physical nature of all security was enhanced by decades of training in Japanese martial arts, achieving black belt rankings in five disciplines. His degree and experience in computer science mixed with extensive business experience, founding several companies. He has worked at IBM and as a Principle Architect at Microsoft, two of the world’s largest companies. The latter purchased his first startup, and his second was acquired by Veritas Capital. He was awarded three related U.S. patents. Eventually he became an angel investor, sharing his experience with other entrepreneurs. As CTO of his first company he published three computer security advisories via Computer Emergency Response Team. Each was derived entirely from his reading of user documentation. Later he earned a seat on the DHS Open Vulnerability Assessment Language advisory board for his work on software patching. In recent years he uncovered material security flaws in each of the first three iterations of a popular “secure element” hardware wallet, again from review of user documentation. Thirty years of self-study in free market economics was reinforced by extensive global travel. In visiting over 80 countries he has interacted with people on five continents. Still often traveling on a motorcycle with only a shoulder bag, he obtains intimate understanding of global economic realities. From Zimbabwean black market currency traders, to Tanzanian coffee pickers, Venezuelan refugees, Mongolian shepherds, Okinawan jazz musicians, Lao monks, etc. – the world is not as often presented. The ability to integrate these diverse and relevant experiences led to Cryptoeconomics. This is your next stop.
Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes. Now in a striking new hardcover edition, Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill. This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives. The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness. However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance. Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared. PRAISE FOR FOOLED BY RANDOMNESS: Named by Fortune One of the Smartest Books of All Time A Financial Times Best Business Book of the Year “[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.” –Malcolm Gladwell, author of Blink “The book that rolled down Wall Street like a hand grenade.” –Maggie Mahar, author of Bull! A History of the Boom, 1982—1999 “Fascinating . . . Taleb will grab you.” –Peter L. Bernstein, author of Capital Ideas Evolving “Recalls the best of scientist/essayists like Richard Dawkins . . . and Stephen Jay Gould.” –Michael Schrage, author of Serious Play: How the World’s Best Companies Simulate to Innovate “We need a book like this. . . . Fun to read, refreshingly independent-minded.” –Robert J. Shiller, author of Irrational Exuberance “Powerful . . . loaded with crackling little insights [and] extreme brilliance.” –National Review
Economist Bryan Caplan makes a bold case for unrestricted immigration in this fact-filled graphic nonfiction. American policy-makers have long been locked in a heated battle over whether, how many, and what kind of immigrants to allow to live and work in the country. Those in favor of welcoming more immigrants often cite humanitarian reasons, while those in favor of more restrictive laws argue the need to protect native citizens. But economist Bryan Caplan adds a new, compelling perspective to the immigration debate: He argues that opening all borders could eliminate absolute poverty worldwide and usher in a booming worldwide economy―greatly benefiting humanity. With a clear and conversational tone, exhaustive research, and vibrant illustrations by Zach Weinersmith, Open Borders makes the case for unrestricted immigration easy to follow and hard to deny.
AN INSTANT #1 NEW YORK TIMES BESTSELLER! Never stop...Never forget...Just remember. Charlie Wynwood and Silas Nash have been best friends since they could walk. They've been in love since the age of fourteen. But as of this morning...they are complete strangers. Their first kiss, their first fight, the moment they fell in love...every memory has vanished. Now Charlie and Silas must work together to uncover the truth about what happened to them and why. But the more they learn about the couple they used to be...the more they question why they were ever together to begin with. Forgetting is terrifying, but remembering may be worse. Heart-stopping and utterly captivating, the complete Never Never series, now available in one volume, will leave readers breathless and believing in the power of love. Perfect for fans of: * Verity, Too Late and The Wives * New Adult and Coming of Age stories * Angsty, romantic suspense * First loves and second chances * Colleen Hoover, Tarryn Fisher, Mia Sheridan and Lucy Score Don't miss the bestselling romantic mystery— Now available in a stunning hardcover Collector's Edition featuring nine exclusive illustrations, a foil-stamped case, beautifully sprayed edges and custom designed endpapers!
Unlike what usually passes for economics in many classrooms, government, the media and elsewhere, Choice is an engaging and intriguing book that provides something quite unique: a genuine treatise on economics that instructs and entertains both economists and general readers. Drawing on the seminal volume by the “Austrian School” economist Ludwig von Mises, Human Action, and comparing classical and neoclassical approaches, Choice is a creative, comprehensive, and unusually lucid book on economic science and market processes. The book illuminates free economies as underpinning civilization, the folly of government central planning, the primacy of entrepreneurship and innovation, the nature of money and banking, the causes of the business cycle, the failures of government intervention, and more. As a result, Choice teaches economic principles and exposes economic fallacies, and any reader will learn both the important truths about economics and the crucial value of individual choice, entrepreneurship, and free markets.
Some things change life as we know it forever. This is the book that caused a sensation when originally published in Spanish in 2022 (as La Filosofia de Bitcoin) for its novel exploration of why Bitcoin is a creative disruption to civilization comparable to gunpowder, the stirrup, or the internet. Now available in translation for English readers, The Philosophy of Bitcoin explores, from a philosophical point of view, the nature of Bitcoin, its political implications, and its relationship with the State. Based on an analysis of its innovations, the author explains what and why institutions are put in crisis as a result of Bitcoin, and why it is stoking the crucible of disruption like nothing else for a very long time. "Álvaro D. María’s book does an excellent job of breaking down the nuance between money’s relationship with the State. Bitcoin’s emergence will transform the State because the very concept of money has been redefined. In fact, you could say this transformation has already begun with the wave of nation-state Bitcoin adoption currently making its way across the world. D. María deftly navigates this transformation in his book, covering topics such as the emergence of new social contracts and the coming change in both economics and politics." —Samson Mow, JAN3 CEO "This book ignites the critical thinking of all kinds of readers; it is accessible to beginners seeking a gateway to Bitcoin and stimulating for experts reimagining the matter. Álvaro D. María commands the art of explaining complex social and economic processes in simple terms. He can relevantly quote from Greek philosophers, Golden Age poets, Nobel laureates, or even Shrek to welcome each of us, “newbies” and “original gangsters” alike, into this bottom-up grassroot revolution." —Gabriel Kurman, founder of Rootstock; CEO, Koibanx "As we search for reasons to say “yes” to Bitcoin, we often look into the economic sphere, finding motives in the Fiat model or Executive Order 6102. We also look for arguments in the lack of freedoms, censorship, or the prevailing KYC. But what about the reasons of political philosophy, and the reasons that are anchored to the most radical changes that man has experienced and that involve centuries or millennia? The Philosophy of Bitcoinby Álvaro D. María makes you understand where we are and shows you why Bitcoin and cyberspace are the beginning of the crumbling of the state absolutism in which we live. Few books deserve a 10 out of 10." —Lunaticoin "The Philosophy of Bitcoin is a book that had to exist. It is not only because of how D. María managed to synthesize the historical discussion of power and state in 100 pages, but also because, in Spanish, there was a huge philosophical gap in the analysis of Bitcoin. The book is a contribution at all levels: for those who are just starting to learn about Bitcoin, for those who are already users, or for those who have become Bitcoiners. The book is definitely a philosophical revelation about Bitcoin, available to everyone." —Javier Bastardo, author of Satoshi in Venezuela "The Philosophy of Bitcoin provides insightful guidance to explore the deeper implications of Bitcoin beyond its role as a currency. The book recognizes Bitcoin as a transformative breakthrough for humanity, and Álvaro D. María expertly analyzes its impact on the relationship between money and the State. He skillfully navigates this transformation, exploring topics such as the emergence of new social contracts, changes in economics and politics, and the redefinition of property rights. A must read for anyone interested in Bitcoin and Austrian economics." —Prince Philip of Serbia Álvaro D. María holds double degrees in law and philosophy. When he wrote and published this book in Spanish in 2022 it was an instant success. This edition marks the debute of his work in English.
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NEW YORK TIMES BESTSELLER • A potent exploration of the power of blockchains to reshape the future of the internet—and how that affects us all—from influential technology entrepreneur and startup investor Chris Dixon “A must for anyone who wants to better understand the real potential of blockchains and web3.”—Robert Iger, CEO, Disney “A compelling vision of where the internet should go and how to get there.”—Sam Altman, co-founder, OpenAI The internet of today is a far cry from its early promise of a decentralized, democratic network of innovation, connection, and freedom. In the past decade, it has fallen almost entirely under the control of a very small group of companies like Apple, Google, and Facebook. In Read Write Own, tech visionary Chris Dixon argues that the dream of an open network for fostering creativity and entrepreneurship doesn’t have to die and can, in fact, be saved with blockchain networks. He separates this movement, which aims to provide a solid foundation for everything from social networks to artificial intelligence to virtual worlds, from cryptocurrency speculation—a distinction he calls “the computer vs. the casino.” With lucid and compelling prose—drawing from a twenty-five-year career in the software industry—Dixon shows how the internet has undergone three distinct eras, bringing us to the critical moment we’re in today. The first was the “read” era, in which early networks democratized information. In the “read-write” era, corporate networks democratized publishing. We are now in the midst of the “read-write-own” era, sometimes called web3, in which blockchain networks are granting power and economic benefits to communities of users, not just corporations. Read Write Own is a must-read for anyone—internet users, business leaders, creators, entrepreneurs—who wants to understand where we’ve been and where we’re going. It provides a vision for a better internet and a playbook to navigate and build the future.