The Bitcoin Standard Review: 3 Big Ideas, 2 Cautions, 1 Action Plan
Clear takeaways for late-career savers who want Bitcoin as a life tool—not a gamble.
If you’ve noticed your dollars don’t buy what they used to, you’re not imagining things. For those of us in our 50s and 60s, that’s more than frustrating—it’s a real threat to retirement stability.
That’s why I picked up The Bitcoin Standard by Saifedean Ammous. It’s one of the most talked-about books in crypto, but the real question is: does it make sense for cautious, financially literate people who want practical tools?
Here’s my breakdown: 3 big ideas, 2 cautions, and 1 action plan you can actually use.
🎥 Companion Video (Blog-Only)
This short walkthrough covers the key points—designed for long-term savers who want clarity, not hype.
📊 Slide Deck: Share the Highlights
Walk family or friends through the core ideas—sometimes it’s easier to show, not just tell.
3 Big Ideas from The Bitcoin Standard
- Scarcity protects value. Bitcoin’s fixed supply (21 million) makes it “digital gold.”
- Time preference shapes behavior. Fiat money pushes short-term thinking. Bitcoin rewards patience.
- Money is a neutral tool. Bitcoin is borderless and censorship-resistant.
2 Cautions You Should Know
- Absolutist tone. The book can feel “all-in on Bitcoin.”
- Security is light. Wallets and self-custody aren’t covered deeply.
1 Action Plan You Can Use Today
- Start small: $10–$20/week via dollar-cost averaging.
- Use a reputable on-ramp: Coinbase, Swan, River, or Strike.
- Secure it: Move long-term savings to a hardware wallet (Ledger or Trezor).
- Keep learning: Pair this book with others in the Wealth Stack.
Verdict: Should You Read It?
Yes—it’s inspiring and clear. Read it as a strong foundation, then add security steps and additional perspectives.
Disclaimer: This content is for educational purposes only and is not financial advice. This post may contain affiliate links to products I personally use and recommend.