The Fiat Standard
The Fiat Standard was published after Ammous’ more popular title: The Bitcoin Standard. It examines Fiat currency, paper money that isn’t backed by Gold, as though it were a cryptocurrency token. With the underlying attributes of Fiat currency laid clear, readers can more easily compare it to Bitcoin and Gold.
After outlining the deficiencies of Fiat currency, Ammous then describes the effects of Fiat on our world, ranging from diet and health to architecture and fuel.