florin.hilbay on Nostr: BOOK REVIEW Bitcoin for individuals is easy, either a person gets it by gut or gets ...
BOOK REVIEW
Bitcoin for individuals is easy, either a person gets it by gut or gets it five or 10 years later. To bastardize a famous Satoshi quote: Either you get it now or you don’t, I don’t have time for you now. I’m already on to the next step, bitcoin for institutions (e.g. conglomerates, corporations, and co-operatives). It is in this context that I’d like to give Prof. Florin’s bitcoin book its plaudits and critique.
The book is a game of two halves. The first (Chapters 1 to 7), a disguised deconstruction of our mental concept of “money,” masquerading as a series of bedtime stories. The second (Chapters 8 to 15), a careful construction of the rational argument for bitcoin. Two faces of the same coin, pun intended. The writing is at once free and cohesive for such a normally elusive subject. Tempered and disciplined in the details it covers and what it doesn’t. Measured, without being compromising. Deep dives, without getting lost in the moment.
This work is firm on its foundations, without getting distracted by things that usually elicit the vitriol of bitcoiners the world over: the highway robberies being conducted in broad daylight by charlatans and barons in the parallel universe of crypto, altcoins, and “shitcoins.” The message seems to be, “Not now. Pick your battles. There’s time for everything.”
This is a time of congratulations. Half of it goes to Dean Hilbay. Half of it has to go to Silliman University (est. 1901) for launching the book and for putting its academic armada behind it. This is a first-mover advantage, a unique intellectual value proposition that will serve the university very well in the years to come.
As founder of http://Lightning.coop, through which we advocate for the adoption of open protocols such as Lightning (bitcoin’s 2nd layer) under the shibboleth “Coops for collective freedom, bitcoin for individual liberty,” our audience are boards of directors, conglomerates, groups of companies, cooperatives, CEOs, and law firms. This is the book I have been waiting for. This is the book I wish I had written.
Overall, this book was written by sound money, literally. It is no coincidence that Chapter 3 of this book tells the story of how in 1252, the fiorino d’oro (the florin) came about. Prof. Florin is a bitcoiner’s bitcoiner. In our secret nooks around the world, this book will be read by the candlelight.
— Lyman A. Manzanares, a “pleb” whose primary mission is to arm the Philippines’ more than 10,000 co-operatives and more than 10M cooperators with what Prof. Florin refers to as “the gift from a faceless man” (Chapter 8)
https://florin.hilbay.net
Bitcoin for individuals is easy, either a person gets it by gut or gets it five or 10 years later. To bastardize a famous Satoshi quote: Either you get it now or you don’t, I don’t have time for you now. I’m already on to the next step, bitcoin for institutions (e.g. conglomerates, corporations, and co-operatives). It is in this context that I’d like to give Prof. Florin’s bitcoin book its plaudits and critique.
The book is a game of two halves. The first (Chapters 1 to 7), a disguised deconstruction of our mental concept of “money,” masquerading as a series of bedtime stories. The second (Chapters 8 to 15), a careful construction of the rational argument for bitcoin. Two faces of the same coin, pun intended. The writing is at once free and cohesive for such a normally elusive subject. Tempered and disciplined in the details it covers and what it doesn’t. Measured, without being compromising. Deep dives, without getting lost in the moment.
This work is firm on its foundations, without getting distracted by things that usually elicit the vitriol of bitcoiners the world over: the highway robberies being conducted in broad daylight by charlatans and barons in the parallel universe of crypto, altcoins, and “shitcoins.” The message seems to be, “Not now. Pick your battles. There’s time for everything.”
This is a time of congratulations. Half of it goes to Dean Hilbay. Half of it has to go to Silliman University (est. 1901) for launching the book and for putting its academic armada behind it. This is a first-mover advantage, a unique intellectual value proposition that will serve the university very well in the years to come.
As founder of http://Lightning.coop, through which we advocate for the adoption of open protocols such as Lightning (bitcoin’s 2nd layer) under the shibboleth “Coops for collective freedom, bitcoin for individual liberty,” our audience are boards of directors, conglomerates, groups of companies, cooperatives, CEOs, and law firms. This is the book I have been waiting for. This is the book I wish I had written.
Overall, this book was written by sound money, literally. It is no coincidence that Chapter 3 of this book tells the story of how in 1252, the fiorino d’oro (the florin) came about. Prof. Florin is a bitcoiner’s bitcoiner. In our secret nooks around the world, this book will be read by the candlelight.
— Lyman A. Manzanares, a “pleb” whose primary mission is to arm the Philippines’ more than 10,000 co-operatives and more than 10M cooperators with what Prof. Florin refers to as “the gift from a faceless man” (Chapter 8)
https://florin.hilbay.net