Card V-17: SAIFEDEAN AMMOUS – Bitcoin is the hardest money ever invented: growth in its value cannot possibly increase its supply; it can only make the network more secure and immune to attack.

Series V · Card 17 of 21 · THE MINE

Bitcoin is the hardest money ever invented: growth in its value cannot possibly increase its supply; it can only make the network more secure and immune to attack.

SAIFEDEAN AMMOUS · THE BITCOIN STANDARD · 2018

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Source

“The Bitcoin Standard”, 2018, ch. 8 “Digital Money”

Open source · wiley.com ↗

About the author

Economist and author of “The Bitcoin Standard”, one of the most influential books in Bitcoin. Known for connecting Austrian economics, monetary history, and Bitcoin.

The question on the back

What matters more in money: convenience or hardness?