As a cypherpunk and software developer following the principles of the Bitcoin movement, I have always been interested in the ideas and philosophies that underpin the revolutionary technology that is Bitcoin. One of the most prominent voices in the Bitcoin community is economist Saifedean Ammous, author of the book “The Bitcoin Standard”. In this article, I would like to offer my perspective as a Bitcoiner on Ammous’ work, and offer a critique of some of the ideas presented in his book.

First of all, I would like to say that I have a lot of respect for Saifedean Ammous and his contributions to the Bitcoin community. His book is a comprehensive and well-written examination of the history of money and how Bitcoin fits into that history. However, as a Bitcoiner, I have some disagreements with some of the ideas presented in the book.

One of the central themes of “The Bitcoin Standard” is that Bitcoin is a return to a gold standard-style monetary system, in which the supply of money is limited and predictable. While I agree that this is an important aspect of Bitcoin, I believe that the focus on this aspect of Bitcoin overlooks the more important aspect of Bitcoin: its decentralization.

Bitcoin is not just a new kind of money, it is a new kind of monetary system. The key innovation of Bitcoin is not its limited supply, but rather its decentralized and trustless nature. The decentralized nature of Bitcoin allows for a monetary system that is not controlled by any one person or organization, and that operates without the need for trust in intermediaries. This is a radical departure from the current monetary system, in which central banks and governments control the supply of money and the financial system.

Another aspect of “The Bitcoin Standard” that I disagree with is the idea that Bitcoin will lead to a return to a gold standard-style monetary system. While I believe that Bitcoin has the potential to disrupt the current monetary system, I do not believe that it will lead to a return to a gold standard. The reason for this is that the current monetary system is not simply a result of a lack of a gold standard, but is a result of the centralization of money and power in the hands of governments and central banks.

In conclusion, while I have a lot of respect for Saifedean Ammous and his contributions to the Bitcoin community, I believe that his focus on the limited supply of Bitcoin overlooks the more important aspect of Bitcoin: its decentralization. The decentralization of Bitcoin represents a radical departure from the current monetary system, and has the potential to bring about a new era of monetary freedom and security.

As a Bitcoiner, I believe that the decentralization of money is the key to unlocking the full potential of Bitcoin, and that this decentralization is the key to a brighter future for humanity.