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The 7th Property: Bitcoin and the Monetary Revolution
If you are serious about understanding Bitcoin and why it is creating a monetary revolution, this is where you need to start.
For the past decade prominent economists, media outlets, and financiers have dismissed Bitcoin while it has grown exponentially – a phenomenon strikingly similar to the beginning of the internet. Controversy always accompanies transformational technologies.
To understand Bitcoin, you first need the answers to questions such as:
What does it mean when people say money needs to be “backed” by something?
Why do we need to tax if we can just print money?
Why do financial institutions always get bailed out?
Why have education, healthcare, and rent become so expensive?
Why is wealth inequality continually getting worse despite government spending more on social programs?
Bitcoin is the alternative to our current financial system, which benefits few at the cost of many. To understand why Bitcoin is the answer, you need to know how this revolutionary technology works. This book explains it at a technical level in precise yet simple language.
Buy this book and be on the right side of history.
For the past decade prominent economists, media outlets, and financiers have dismissed Bitcoin while it has grown exponentially – a phenomenon strikingly similar to the beginning of the internet. Controversy always accompanies transformational technologies.
To understand Bitcoin, you first need the answers to questions such as:
What does it mean when people say money needs to be “backed” by something?
Why do we need to tax if we can just print money?
Why do financial institutions always get bailed out?
Why have education, healthcare, and rent become so expensive?
Why is wealth inequality continually getting worse despite government spending more on social programs?
Bitcoin is the alternative to our current financial system, which benefits few at the cost of many. To understand why Bitcoin is the answer, you need to know how this revolutionary technology works. This book explains it at a technical level in precise yet simple language.
Buy this book and be on the right side of history.
316 pages, Hardcover
Published June 27, 2024
71 people are currently reading
306 people want to read
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Displaying 1 - 13 of 13 reviews
December 6, 2021
Great book for new and experienced bitcoin fans alike
The title says it all. I highly recommend this book. This will increase your bitcoin conviction if you have any doubts. It also fairly addresses criticisms not often discussed, like privacy and mining pool centralization.
The title says it all. I highly recommend this book. This will increase your bitcoin conviction if you have any doubts. It also fairly addresses criticisms not often discussed, like privacy and mining pool centralization.
July 31, 2022
One of the better bitcoin books. If you seek fact-based knowledge and detail, then this is the one. The author achieved an impressive balance between information density and conciseness. I enjoyed this read thoroughly and learned a lot, despite have read many other bitcoin books. There was some unexpected humor which was refreshing.
This could be an entry-level read, if you already have a real interest in bitcoin, and the history of banking and money. For those who are looking for something more light, to use to initiate others, there are plenty of high-quality but short books out there, which might be better suited to that purpose.
Yakes hints at another book coming in the future. I certainly hope so, because the research that went into this one is impressive, with numerous sources cited. When the facts are presented as such, no argumentation is necessary, because they speak for themselves.
This could be an entry-level read, if you already have a real interest in bitcoin, and the history of banking and money. For those who are looking for something more light, to use to initiate others, there are plenty of high-quality but short books out there, which might be better suited to that purpose.
Yakes hints at another book coming in the future. I certainly hope so, because the research that went into this one is impressive, with numerous sources cited. When the facts are presented as such, no argumentation is necessary, because they speak for themselves.
March 3, 2022
This is the book to read if you don't need everything dumbed down for you.
January 16, 2026
I have read pretty much every book, blog post and tweet storm ever written about bitcoin.I'm confident to say that “The 7th Property” is probably the best book about bitcoin you can read right now. It is basically a text book. All signal, zero noise, very well structured, very well researched, highly methodical, definitions and citations clearly stated, complex ideas accompanied by useful illustrations and charts, deeply technical and all encompassing. Not only does it give an amazing overview over bitcoin itself, it actually starts off in the first half describing the entire history of money, central banking, and the FED.This goes on my “everyone on Earth should read this” list.Before this, I regarded “The Bitcoin Standard” and “Cryptoeconomics” as the best books about bitcoin. This duo is now joined by The 7th Property, as all three books have different goals and are all must-reads.
March 16, 2023
This is the most in-depth and most challenging Bitcoin book I've read.
As someone else stated in their review, if you don't want everything dumbed down for your, this is what you want to read.
I would not give this book to people, who never heard of Bitcoin though. They will put it down quite quickly I'm sure, because it's not an easy read. The content is complex, but still explained pretty well to be fair.
But if you're interested in Bitcoin this book is for you, no matter if you're quite new or rather experienced.
As someone else stated in their review, if you don't want everything dumbed down for your, this is what you want to read.
I would not give this book to people, who never heard of Bitcoin though. They will put it down quite quickly I'm sure, because it's not an easy read. The content is complex, but still explained pretty well to be fair.
But if you're interested in Bitcoin this book is for you, no matter if you're quite new or rather experienced.
October 4, 2023
A pretty solid introduction to the world of Bitcoin, especially coming from the perspective of someone who knows nothing about Bitcoin, the blockchain, or current monetary policy. Everything is explained in very simple terms and the author does a great job conveying why the information is relevant to us. However, the book is definitely one-sided and written from the perspective of someone who favors cryptocurrency. I definitely will have to continue reading to fully flesh out my understanding of the FED, monetary policy, and the role of crypto.
January 26, 2022
I have read a lot of books like this in the past. This book excels at explaining a complex topic in a simple manner. The first 2 chapters are stunningly refined and simplified into a truth that is hard to refute. The explanatory approach builds one idea upon another until it reaches conclusion. This is the kind of book I would recommend a friend to read since it is not overwhelming.
October 11, 2021
Very informative
Great book that talks about both money and bitcoin, and includes critiques of both. Good book to read after The Bitcoin Standard.
Great book that talks about both money and bitcoin, and includes critiques of both. Good book to read after The Bitcoin Standard.
June 18, 2022
Very good and well researched. Highly detailed.
October 27, 2024
Audiobook. Excellent survey of the history of money, banking and bitcoin.
April 28, 2025
The content is a bit too repetitive, but it does a fairly good job of explaining the why Bitcoin is a better technology than central banking.
August 29, 2022
Eric is very methodical in building up the history, the drivers and the mechanisms of the trade for value and specialisation and also of the corruption of value through debt and describing in detail the processes that facilitate it.
I have already begun the journey down the rabbit hole with Robert Breedlove, Michael Saylor, Saifedean Ammous, Dominic Frisby and others. Eric adds to their knowledge and I am expanding aspects of my understanding as I am listening so Thank you!
I have already begun the journey down the rabbit hole with Robert Breedlove, Michael Saylor, Saifedean Ammous, Dominic Frisby and others. Eric adds to their knowledge and I am expanding aspects of my understanding as I am listening so Thank you!
April 27, 2025
Excellent. I'd rate it in top 3 bitcoin books.
Displaying 1 - 13 of 13 reviews