Try free for 30 days

  • Layered Money

  • From Gold and Dollars to Bitcoin and Central Bank Digital Currencies
  • By: Nik Bhatia
  • Narrated by: Guy Swann
  • Length: 4 hrs and 16 mins
  • 4.8 out of 5 stars (44 ratings)

1 credit a month to use on any title, yours to keep (you’ll use your first credit on this title).
Stream or download thousands of included titles.
Access to exclusive deals and discounts.
$16.45 a month after 30 day trial. Cancel anytime.
Layered Money cover art

Layered Money

By: Nik Bhatia
Narrated by: Guy Swann
Try for $0.00

$16.45 per month after 30 days. Cancel anytime.

Buy Now for $16.99

Buy Now for $16.99

Pay using voucher balance (if applicable) then card ending in
By confirming your purchase, you agree to Audible's Conditions Of Use and Privacy Notice and authorise Audible to charge your designated credit card or another available credit card on file.

Publisher's Summary

In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a “layered” manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies. Bhatia’s analysis begins in Renaissance Florence with the gold Florin coin and a burgeoning banking culture, continues with the evolution of central banking, and concludes with a vision for the future of our international monetary system. As central banks around the world prepare to launch their own crypto-competitors, Bhatia illustrates how the invention of Bitcoin created a seismic shift in money and merged the monetary and cryptography sciences. His unique analysis of “layered money” illuminates money markets for the general reader and shows how Bitcoin is becoming a trusted global currency. Listeners will come away with an understanding of the mechanics of our financial system, why the dollar is deeply entrenched despite its state of disrepair, and how Central Bank Digital Currencies (CBDCs) and cryptocurrencies will interact in our new monetary future. 

Nik Bhatia is a financial researcher, CFA charterholder, and adjunct professor of finance and business economics at the University of Southern California Marshall School of Business where he teaches Applied Finance in Fixed Income Securities. Previously, Nik worked the US Treasuries trading desk for a large institutional asset manager and has extensive trading experience in money markets and interest rate futures. After starting his teaching career, Nik felt the urge to bring his research on both the international monetary system and Bitcoin together as one to write the book titled Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies. He has a BA in social sciences from University of Southern California and a Master in Finance from IE Business School in Madrid, Spain. Nik lives in Los Angeles, CA, with his wife and young daughter.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio. 

©2021 Nikhil Bhatia (P)2021 Nikhil Bhatia

What listeners say about Layered Money

Average Customer Ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    38
  • 4 Stars
    5
  • 3 Stars
    0
  • 2 Stars
    1
  • 1 Stars
    0
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    24
  • 4 Stars
    6
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 4.5 out of 5 stars
  • 5 Stars
    26
  • 4 Stars
    4
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    1

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars

essential reding

This is my go to book when anyone asks me about bitcoin or finacial literacy. The frameworks outlined perfectly break down monetary systems into language those outside of economics can understand

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Great sound quality, amazing content.

Recommend this to one and all. If you want to understand money, this is it. Congratulations Mr Bhatia ⭐⭐⭐⭐⭐

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Life changing perspective shift

Will never see the money system the same way again with this knowledge my life will forever be improved.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

MUST LISTEN

Excellent book on why Bitcoin is the future of money and a masterclass narrative by Guy Swann.

*Chefs kiss*

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    2 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    1 out of 5 stars

Good in the beginning and then very bad

Best part of the book is the concepts of layered money and the interesting history of gold and fiat money.

However the book is clearly written by someone who believes in only Bitcoin and completely overlooks or purposefully ignores all of the other cryptocurrencies and what they offer.

1) No mention of the alt-coins which you would expect in 2021 when DEFI and other ecosystems are growing exponentially.

2) No mention of Etherium and its smart contracts- however the books focuses upon Bitcoins smart contracts which is strange because I would'nt think that would be worth mentioning. Then there is mention of the lightening network which

3) No mention of DEFI -probably because it is on Etherium which this author seems not think is worth mentioning.

4) No mention of Wrapped Bitcoin which is used as a layer 1 on DEFI on Etherium.

5) No mention of the other cryptocurrencies which are brining about decentralisation.


Basically its a book written by a maxi or a very uninformed person on cryptocurrencies.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.