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Reviewed by Jamie Michele for Readers' Favorite
Satoshi’s Gift by Michael Hollomon Jr. argues that money is not a neutral backdrop to economic life but an active force that shapes power, ownership, and outcomes. Moving from early exchange to modern finance, the book shows how systems built on trust in institutions replaced systems grounded in physical scarcity, and how that transition reshaped savings prices and incentives. Hollomon connects inflation and debt to the mechanics of money creation and traces their effects through financial markets and everyday transactions. Bitcoin enters this history as a design response to those mechanics, offering a form of value defined by fixed supply, public verification, and direct control. By treating Bitcoin as a monetary system rather than a technology trend, the book reframes current debates about currency authority and economic coordination.
When I opened Satoshi’s Gift: The Past, Present and Future of Bitcoin, I wasn’t looking for another explanation of technology or another argument about markets. I wanted something more human, and Michael Hollomon Jr. delivered. I did not know that Bitcoin was introduced to the world in 2009 by Satoshi Nakamoto, its pseudonymous creator. Hollomon writes in a voice that is really easy to follow for those who know only a little, but intellectual enough not to patronize those who know more. I love that Hollomon does not demand our belief in Bitcoin; he asks us to look plainly at what belief has already cost us. Spoiler alert: it's a lot. This is a book for people who want to flex beyond what is customary, and the author proves himself as an absolute authority through his writing. What makes it worth recommending is that Hollomon leaves the door ajar for us to question traditional banking systems. Personally, I'm ready to barnstorm after reading this. Very highly recommended.
