Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies by Nik Bhatia

Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies by Nik Bhatia is an insightful exploration of the evolution of money, tracing the historical and modern layers that compose today’s financial system. The book explains how Bitcoin fits into this hierarchy and examines the rise of central bank digital currencies (CBDCs) as the next stage in monetary innovation. Synopsis Bhatia presents a layered framework for understanding money, starting with gold and extending through fiat currencies, banking systems, and digital assets. He explores the mechanics of each layer, the role of trust and settlement, and the implications for individuals, institutions, and governments. The book also discusses Bitcoin as the foundation of a new financial layer and examines the potential impact of CBDCs on monetary policy, financial sovereignty, and the global economy. Key Features & Themes

• Evolution of Money: From commodity money to fiat and digital currencies.
• Layered Framework: How different forms of money interact and build upon each other.
• Bitcoin as Base Layer: Its role in decentralization and financial security.
• Central Bank Digital Currencies: Opportunities, risks, and implications for the future.
• Financial Sovereignty: How individuals and institutions navigate layered money systems.

Why Read It?

• Provides a clear and structured understanding of modern and future money systems.
• Ideal for investors, economists, and cryptocurrency enthusiasts.
• Connects historical monetary concepts to cutting-edge financial innovations.
• Offers insights into how Bitcoin and digital currencies could reshape the global financial system.

Layered Money is an essential guide for anyone seeking to understand the structure, evolution, and future of money—from gold to Bitcoin and beyond.