Preview
  • Layered Money

  • From Gold and Dollars to Bitcoin and Central Bank Digital Currencies
  • By: Nik Bhatia
  • Narrated by: Guy Swann
  • Length: 4 hrs and 16 mins
  • 4.8 out of 5 stars (692 ratings)

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Layered Money

By: Nik Bhatia
Narrated by: Guy Swann
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Publisher's summary

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. Bhatia’s analysis begins in Renaissance Florence with the gold Florin coin and a burgeoning banking culture, continues with the evolution of central banking, and concludes with a vision for the future of our international monetary system. As central banks around the world prepare to launch their own crypto-competitors, Bhatia illustrates how the invention of Bitcoin created a seismic shift in money and merged the monetary and cryptography sciences. His unique analysis of “layered money” illuminates money markets for the general reader and shows how Bitcoin is becoming a trusted global currency. Listeners will come away with an understanding of the mechanics of our financial system, why the dollar is deeply entrenched despite its state of disrepair, and how Central Bank Digital Currencies (CBDCs) and cryptocurrencies will interact in our new monetary future.

Nik Bhatia is a financial researcher, CFA charterholder, and adjunct professor of finance and business economics at the University of Southern California Marshall School of Business where he teaches Applied Finance in Fixed Income Securities. Previously, Nik worked the US Treasuries trading desk for a large institutional asset manager and has extensive trading experience in money markets and interest rate futures. After starting his teaching career, Nik felt the urge to bring his research on both the international monetary system and Bitcoin together as one to write the book titled Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies. He has a BA in social sciences from University of Southern California and a Master in Finance from IE Business School in Madrid, Spain. Nik lives in Los Angeles, CA, with his wife and young daughter.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2021 Nikhil Bhatia (P)2021 Nikhil Bhatia
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What listeners say about Layered Money

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one sided analysis but good history

Author explains things well. Does not leave enough room for counter arguments that would more fully educate the reader regarding crypto's possible futures.

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1 person found this helpful

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Layered Money

This book taught me a lot about money - what it is and where it is going. This is priceless for everyone as money is the base layer of everyone's life.

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Essential knowledge for the future

If you don't understand why people are so enthusiastic about Bitcoin, this will explain why.

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Decent overview, not stellar, but worth a listen

The book is good, albeit towards the end there are those that don't like the description and time devoted to bit coin. But it is necessary if the reader is not familiar with bit coin AND understands the new dynamic the central banks are scrambling to gain a foot hold if they even hope to compete with BTC. Time will tell. The Federal Reserve is exposed and I don't think they will survive without government backing....

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good book

Very informative and useful. I highly recommend this book to everyone who wants to know about crypto.

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Essential reading for all crypto curious or enthusiasts

Makes the top 5 of essential reading/listening.
In no particular order:

Layered Money
Bitcoin Standard
Sovereign Individual
Price of Tomorrow
Digital Gold

Essential YouTube:
Invest Answers
Into the Cryptoverse
Coin Bureau
Pomp

Essential Podcasts:
What Bitcoin Did
Decrypt Daily
Coindesk Breakdown
Coin Stories

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Great Book! Thanks Nik

Thanks for clarifying how BTC stands in the complicated world of finance. Great read. Easy to understand

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more bullish than saif

bitcoin number go up Forever laura.
makes saif look like a bear.
pump it Nik

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MONEY DEMISTIFYER

This Book is a must read 📚 for anyone who wants to understand the historical subject of money and where its heading.

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Excellent source of knowledge about Money

This book is truly amazing in how it makes the reader understand how money has been manipulated in the history. It transitions into how Bitcoin solves the problem of centralized money systems and how it can truly becomes the best monetary system the world has ever known.
Thank you for such a wonderful book

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