Bitcoin offers a superior monetary system from "summary" of The Fiat Standard by Saifedean Ammous
Bitcoin's superiority as a monetary system lies in its fundamental characteristics. One of the key advantages of Bitcoin is its simplicity. Unlike traditional fiat currencies, which are subject to complex systems of central banks and government intervention, Bitcoin operates on a decentralized network. This simplicity is reflected in the fact that there is a fixed supply of Bitcoin, which is set at 21 million coins. This fixed supply ensures that Bitcoin is not subject to inflationary pressures, as is the case with fiat currencies that can be printed at will by central banks. Another key advantage of Bitcoin is its clarity. The transparency of the Bitcoin network allows for anyone to verify transactions and ensure the security of the system. This transparency is in stark contrast to the opaque nature of traditional banking systems, where transactions are often veiled in secrecy. The clarity of Bitco...
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