Download or read book A Beginners Guide to BITCOIN AND AUSTRIAN ECONOMICS written by Aaron Koenig and published by FinanzBuch Verlag. This book was released on 2015-12-05 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1976, Nobel Prize Laureate Friedrich August von Hayek called for the abolishment of the state monopoly on money and the introduction of freely competing currencies. Few people could imagine such a free market of money at the time. Today the denationalization of money is in full swing: digital currencies like Bitcoin are fully independent of banks and governments. This book explains the phenomenon of decentralized, stateless money in an easily understandable and entertaining way. It also provides a basic insight into the Austrian School of Economics. The Austrian School's most prominent masterminds, Ludwig von Mises, Friedrich August von Hayek and Murry N. Rothbard, have explained why we must overcome our present debt-based monetary system, which widens the gap between the rich and the poor. Bitcoin is the world's first global payment system that is open to anyone on this planet with Internet access. Payments are cheap, fast and cannot be blocked. With interviews of Bitcoin experts Roger Ver – Stephanie Murphy – Moran Shaked – Eddy Travia – Julia Touranski – Marek Palatinus – David Johnston – Susanne Tarkowski Tempelhof – Satoshi Nakamoto.