The Satoshi Papers: Reflections on Political Economy After Bitcoin

The Satoshi Papers is the first book of its kind: an open exchange of ideas among scholars about the relationship between money and state in a post-Bitcoin world. This compendium of ten original articles, written by leading researchers in monetary policy, economic theory, and other social sciences, takes new steps toward answering today’s most urgent political question: whether our legacy institutions still serve the goals of liberty and prosperity.

Edited by Texas Bitcoin Foundation director and Bitcoin Policy Institute fellow Natalie Smolenski, The Satoshi Papers was inspired by the eighteenth-century American debate between the Federalists and Anti-Federalists. Just as those papers constituted a forum for debate, the articles in this volume exhibit differing points of view emerging from different analytical frameworks. Nevertheless, they share a set of animating principles: that respect for the freedom and privacy of the individual is the bedrock of a just and prosperous society; that power should be rigorously checked and limited; that human coordination happens first and foremost bottom up; and that technology is a critical engine for the progress of humanity.

“This is one of the most sophisticated treatments of Bitcoin and its political and economic implications to date. A masterpiece that should be read by every decision maker and that will stand the test of time."
—Lyn Alden, Macroeconomic Analyst and Author,
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