"Bitcoin Is Venice," a book by Allen Farrington and Sacha Meyers, describes the renaissance of sound money.

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This newsletter is a part of a chain of tailored excerpts from “Bitcoin Is Venice” by way of Allen Farrington and Sacha Meyers, which is available for purchase on Bitcoin Magazine’s store now.

You can find the other articles in the series here.

Following Hernando de Soto, we see capital as “financial possible power”; a inventory of crystallized and saved time; the reminiscence of experimentation and discovery; a device permitting us not to want to paintings totally from scratch, and shared in a commonplace language to spare us similarly from isolation. As de Soto explains in “The Mystery Of Capital”:

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