In The Bitcoin Enlightenment, billionaire entrepreneur Ricardo B Salinas, who bought his first Bitcoin at $200, shares the hard-won monetary wisdom passed down through four generations of his family. Having survived Mexico's devastating hyperinflation of the 1980s, Salinas understands firsthand how fiat money destroys wealth, corrupts society, and enslaves entire populations.
This groundbreaking book
Why saving in dollars, euros, or any fiat currency guarantees poverty
How the 1694 founding of the Bank of England set humanity on a path to monetary destruction
The hidden "inflation tax" that steals your time, energy, and future
Why younger generations are priced out of housing, stocks, and the American Dream
How governments and central banks create money from nothing and why it always ends badly
The "economic murder of God" in 1971 that unleashed unlimited money printing
Why Bitcoin's 21 million hard cap makes it humanity's first incorruptible money
More than just theory, this book provides a practical roadmap for individuals and businesses to protect and grow wealth in the Bitcoin age. Learn how major corporations are already using Bitcoin as treasury reserves, why governments may soon hold strategic Bitcoin reserves, and how to position yourself for the greatest wealth transfer in history.
I enjoyed this short book. As this book is meant for people with some, but not significant knowledge of bitcoin, it was made easier to understand and read.
Seeing this through the eyes of a wealthy individual is very welcome and a warming story.
The last chapter felt a little off compared to the hard facts of the previous chapters, but future is very optimistic and I would love to see most of the proposals become reality.
[3.5 stars] The title of the book is more of a hook to catch the readers’ attention than of what it is about as a whole.
Ricardo Salinas is a remarkable Mexican businessman that tries to share his business and financial wisdom to the reader. His wisdom is backed-up by an interminable number of successful business cases and by the experience of three generations that have been building a whole legacy globally.
Having mentioned this, Ricardo tries to carry the reader across multiple eras in the history of money so he/she can acknowledge where money comes from, who has control of it, what are the different drivers that move money, and how Bitcoin offers a future that can “free” humans from “fiat slavery”.
Great book for those who want to know more about Bitcoin and its attractive future.