The Bitcoin-Dollar: An Economic Monomyth Paperback – 22 Aug. 2023

This Bitcoin book has taken my conviction to the next level. Channelling global demand for energy (in the form of oil) into the US dollar; the Petrodollar allowed money supply expansion to be absorbed without monetary devaluation. Creating artificial demand for the US dollar - the author contends that Bitcoin - representing a store of economic energy - could be harnessed, in a similar way. Combining the liquidity of its global treasury markets with the availability of digital stable coins; the USA could gain exclusive power to exchange Bitcoin for US Dollars; establishing a new form of global demand for the US Dollar hegemony. Compelling as this argument is; the author goes on to, expertly, cover a range of other relevant topics in the book. Key themes included the future scalability challenges of the Bitcoin Network; the beneficial impact of Bitcoin on the energy industry and the facilitation and educational obligations of the Bitcoin community to the rest of the world.

Interesting book. It will guide you to fact in our recent years and explain what happened and what is currently happening. The fact that this books treats USD(T/C) as already implanted CBDCs is genius and it explain why that is. Petro-dollar is gone. Long live bitcoin-dollar.

I've been writing about and investing in Bitcoin for seven years. This book has provided me more clarity and strengthened my conviction for Bitcoin. Read it twice!

Great book insightful!