The 7th Property
Bitcoin and the Monetary Revolution
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Narrated by:
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Guy Swann
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By:
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Eric Yakes
About this listen
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.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2021 Eric Yakes (P)2022 Eric YakesListeners also enjoyed...
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Over the past two centuries or so, capitalism has undergone profound changes - economic cycles that veer from boom to bust - from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new.
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some good ideas...
- By "ge-ko" on 06-19-16
By: Paul Mason
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Dead Aid
- Why Aid Is Not Working and How There Is a Better Way for Africa
- By: Dambisa Moyo, Niall Ferguson - foreword
- Narrated by: Mike Chamberlain
- Length: 6 hrs and 29 mins
- Unabridged
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A national best-seller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined - and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing the development of the world's poorest countries.
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Dangerous / Right Wing US view
- By David O'Donovan on 03-05-19
By: Dambisa Moyo, and others
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The Age of Oversupply
- Overcoming the Greatest Challenge to the Global Economy
- By: Daniel Alpert
- Narrated by: Don Hagen
- Length: 10 hrs and 34 mins
- Unabridged
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The governments and central banks of the developed world have tried every policy tool imaginable, yet our economies remain sluggish, or worse. How did we get here, and how can we emerge from the longest downturn in recent memory? Daniel Alpert, a progressive Wall Street banker and economist, argues that we are living in the age of oversupply.
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Great book but now out of date
- By Anonymous User on 11-30-17
By: Daniel Alpert
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A Capitalism for the People
- Recapturing the Lost Genius of American Prosperity
- By: Luigi Zingales
- Narrated by: Jonathan Davis
- Length: 11 hrs and 20 mins
- Unabridged
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Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.
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Enjoyable but a tad predictable.
- By Anonymous User on 12-24-12
By: Luigi Zingales
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Solid story, dreadful narration
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This is the book you give your dad.
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Like Bitcoin, these lessons aren’t a static thing. I plan to work on them periodically, releasing updated versions and additional material in the future. Bitcoin is an inexhaustible teacher, which is why I do not claim that these lessons are all-encompassing or complete. They are a reflection of my personal journey down the rabbit hole. There are many more lessons to be learned, and every person will learn something different from entering the world of Bitcoin.
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A Decent Essay That Should Have Remained an Essay
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Excellent
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Solid story, dreadful narration
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This is the book you give your dad.
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Turns into an advertisement for Bitcoin
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Bitcoin Evangelism is a tremendous resource for those that are new to Bitcoin as well as those that have already adopted this technology and are looking to more fully grasp some of these technical concepts and share them with others. This stuff doesn't need to be difficult, and Bitcoin Evangelism will make Bitcoin, blockchain, and cryptocurrency accessible to everyone.
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In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a “layered” manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies.
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Stunningly biased. Reads like an ad for BTC
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The secret to unlocking Bitcoin is understanding its principles and properties. Whether you're a seasoned investor or a curious newcomer, this book will transform your relationship with money (and help you gain more of it).
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Must-read brilliant book on Bitcoin
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Principles of Economics
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Principles of Economics is a university-level textbook in economics that offers a clear and concise exploration of the most important economic concepts. This book is unapologetically Austrian in its approach. It tackles major economic concepts and topics independently, but in a logical sequence aimed at delivering the listener an understanding of economics at an individual and societal level, and the widespread implications of economics as a topic.
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I was already a fan of the Austrian school
- By PublicName on 10-13-23
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What listeners say about The 7th Property
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Anonymous User
- 07-08-24
Great book. Highly recommend
Very short and simple description of money and Bitcoin. Appreciated the explanation of the technical parts of Bitcoin in a way that was easy to comprehend. The reference diagrams were also helpful.
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- Anonymous User
- 02-08-24
Buy Bitcoin
If you want to enhance your knowledge of Bitcoin, this is the book to do it. Second time through listening and I’m still learning. Thank you Yakes!
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- Anonymous User
- 12-29-22
Excellent distillation of all you need to know about Bitcoin and the history of money
The hard copy of this book served as my foray into Bitcoin and I decided to get the audiobook.
The narrator does an excellent job.
Most importantly, everyone who gives a hoot or has questions about money, monetary policy, and economics should read this book, if for nothing more than to understand money and learn about Bitcoin without or misconstrued portrayal by mainstream media and crypto hype men alike.
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- Anonymous User
- 02-24-22
Better than 5*
Amazing listen. Concise but thorough history of money and its properties, the history of banking including an in-depth look at fractional reserve banking and explains in detail how the government and fed ‘prints money’ and expand or contract credit.
That is just the primer before they even get into bitcoin and when they do they do the best job I’ve heard yet of explaining finite field math, elliptical curve cryptography, public private keys, block chain construction, pretty much everything you need to know to really understand bitcoin.
This is a must read if you have or plan on investing in bitcoin. Also a great book to share with anyone you want to orange pill. Kudos, Mr. Yakes. Bravo.
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- Anonymous User
- 10-08-22
A must for crypto investors and enthusiast’s
I thought I knew Bitcoin, the fundamentals and how it affects the world at large. Well I have to admit it! I didn’t know shit!!! What a brilliant and detailed book about the FACTS (Bitcoin, Federal Reserve, currency, and how flat the world we live in truly is). Since completing the book this pst week, I have recommended it to no less than a half dozen crypto friends. Upon reading the book I actually diverted a few other investments into Bitcoin. Do yourself a favor if you are an investor, thinking of becoming a crypto investor, or simply want to learn more about why Bitcoin is Bitcoin Mad read this book.
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- Manfred van Doorn
- 02-21-23
Great methodical overview
Although some facts sound very dated now (miners in China), this book is very thorough and accessible at the same time.
I have bought the paper version as well, to study the charts better.
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- M Davenport
- 03-21-22
Excellent book that dives deep, but not too deep!
Such an incredible book. There's so much to understand about Bitcoin and most of it is extremely complex. But this book really kept it within reach for the average reader and precoiner. I'll be recommending this book often!
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- Anonymous User
- 01-07-23
A great, dense description/explanation of Bitcoin
This was an excellent guide to help you begin your journey to understanding Bitcoin. Well worth every minute spent to understand
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- Anonymous User
- 07-07-23
Too much fluff
The author is supposed to explain bitcoin, he goes back to the history of Homo sapiens! This book may have some points but they are lost in its fluffy context.
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