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Bitcoin�s CBDC Shadow with Sam CallahanBitcoin is not necessarily an alternative to gold, but can function as a global reserve currency and disrupt the role of central banks. Though. Book Review: "The Bitcoin Standard - The Decentralized Alternative to Central Banking" by Saifedean Ammous The facilitation of the exchange of goods and. �Bitcoin citadels� have long captivated early crypto investors and entrepreneurs. Some see it as inevitable that crypto will explode in value.