N

Nik Bhatia Books

1 book·~10 min total read

Nik Bhatia is an adjunct professor of finance and business economics at the University of Southern California Marshall School of Business. He is a former trader on Wall Street and an expert in monetary economics and blockchain technology.

Known for: Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies

Books by Nik Bhatia

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

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

finance·10 min read

Layered Money explores the evolution of monetary systems from gold to modern digital currencies. Nik Bhatia explains how money has developed in layers—each representing a new form of trust and technology—from physical gold to paper dollars, and now to cryptocurrencies and central bank digital currencies. The book provides a clear framework for understanding how Bitcoin fits into the global financial hierarchy and how future monetary innovations may reshape the world economy.

Read Summary

Key Insights from Nik Bhatia

1

The Historical Foundations: Gold and the Birth of Monetary Layers

The story of money begins with gold—not just as a precious metal, but as the ultimate trust anchor. For millennia, human societies selected gold because its physical properties—durability, divisibility, scarcity, and universal recognition—made it the perfect foundation for value exchange. Gold funct...

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

2

From Paper Promises to Central Banks: Building the Modern Hierarchy

By the eighteenth and nineteenth centuries, paper money had evolved from private banknotes to sovereign currencies. Governments began establishing central banks to manage these layers more systematically. Britain’s Bank of England became the prototype, issuing notes that were claims on its gold rese...

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

About Nik Bhatia

Nik Bhatia is an adjunct professor of finance and business economics at the University of Southern California Marshall School of Business. He is a former trader on Wall Street and an expert in monetary economics and blockchain technology.

Frequently Asked Questions

Nik Bhatia is an adjunct professor of finance and business economics at the University of Southern California Marshall School of Business. He is a former trader on Wall Street and an expert in monetary economics and blockchain technology.

Read Nik Bhatia's books in 15 minutes

Get AI-powered summaries with key insights from 1 book by Nik Bhatia.