Table of Contents

Copyright

Foreword

Introduction

Part I: The Fundamentals

1. Bitcoin Obsoletes All Other Money
   First Principles of Money

2. Bitcoin, Not Blockchain
   A Foundation to Eliminate the Noise

3. Bitcoin Is Not Backed by Nothing
   What Secures Bitcoin’s Fixed Supply

4. Bitcoin Is Antifragile
   Gaining Strength through Adversity

5. Bitcoin Is the Great Definancialization
   The Implications and Consequences

Part II: Common Misconceptions

6. Bitcoin Cannot Be Copied
   Finite Scarcity Only Happens Once

7. Bitcoin Is Not Too Volatile
   Volatility Does Not Prevent Adoption

8. Bitcoin Does Not Waste Energy
   Scarcity Requires Real-World Cost

9. Bitcoin Is Not Too Slow
   A Fixed Supply Is the Zero to One Innovation

10. Bitcoin Is Not for Criminals
    Censorship Resistance Is All or Nothing

11. Bitcoin Cannot Be Banned
    A Currency System beyond Governments

12. Bitcoin Is Not a Pyramid Scheme
    Supply Constraints and Fundamental Demand

Part III: Bitcoin vs. The Dollar

13. Bitcoin Fixes This
    The Solution to Money Printing

14. Bitcoin Is a Rally Cry
    The Only Viable Path to Opt Out

15. Bitcoin Is Common Sense
    Simplicity vs. Complexity

16. Bitcoin Is One for All
    The Most Equitable System for Everyone

Part IV: Conclusion & Acknowledgements

• Conclusion

• Acknowledgements

• Figures