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I think Broken Money is the better read at any stage of falling down the rabbit hole.
I was turned off by Saifedean Ammous' lack of objectivity at times but what he wrote still made sense to me so fortunately it didn't turn me off bitcoiners completely. It was my first book about bitcoin.
In contrast, Lyn Alden does not have to resort to talking down and losing objectivity to get her point across. Her explanations and examples are good enough.
Lyn is like the voice of reason in this space.
Now I wonder who argued for which book. I would be willing to bet 10k sats that @elvismercury agrees with me haha
Yeah, it got the best of me and so I bought a hardcover-version of the book just now...
I literally cannot wait, ek!I literally cannot wait, ek!
Happy to hear, you might finish the book before me haha
I'm only at Chapter 10: The Bretton Woods System.
Still better than The Bitcoin Standard but it's been some time. Maybe I should read it again.
Both books are quite something in terms of pages...
You mean that thus far it's already been better than TBS?
You mean that thus far it's already been better than TBS?
Yes but my memories of how good or bad The Bitcoin Standard was fading. I think it was good but I don't remember much which is a bad sign.
In the 100 pages of Broken Money that I read so far, I feel like I already learned so much that I will never forget in my whole life but only time will tell.
It's gonna take you a heck of a lot of time reading, re-reading and comparing what you've read in order to come to a conclusion- which doesn't mean that it ain't gonna be a heck of a ride!
I'm rooting for you, ek!I'm rooting for you, ek!
And for me, too...
You are correct.
Why would you recommend The Bitcoin Standard over Broken Money (as the first read)?
Or do you have a link for the discussion you had with mercury?
When I posted my first learning resources post for the bitcoin beginners territory I said something like "if you are only going to read one book about bitcoin, read The Bitcoin Standard. " At the time I had already read and loved Lyn's book, but I didn't think of it as a bitcoin primer, but more as a brilliant monetary history book.
If you could have found anybody to take the other side of the bet, you would have won it :)
Apparently I know both of you well enough already haha
Did you mention the same reasons as me?
Or do you have a link to the discussion?
Your logic is my logic. Lyn is what you read if you want to understand the complexity of everything. TBS is what you read if you want to own the Libs.
I've talked about this many times but couldn't find a good representative discussion to link.
What do you mean with "Libs"?
I think he meant marxists, not “Liberal” in the classical sense.
Generic catch-all for people more liberal (American definition) than you, whoever you happen to be.
Hm, thanks.
Hehe, well: as long as the book's worth the grind, I don't mind!
Also check out @elvismercury 's book club posts:
#274195
I don't want to be spoiled, pallerino!
It's funny. @elvismercury and I had a disagreement about which of these books is best as a first bitcoin read. Here, since you already read Bitcoin Standard once, I think it's safe to say Broken Money is the choice for you. It is a fantastic book. You will gain a strong understanding of money, which I think is critical to understanding bitcoin. Lyn is a great writer. Everything is explained clearly and thoroughly. Beware! It is a big book, and I know what a detail oriented reader you are. We may not hear from you for a while. Still, any time you invest in this book is well worth it. Enjoy.