620 / 691BK04

Layered Money

Layered Money — by Nik Bhatia: Bitcoin, monetary history, sound money and the economics of a scarce digital asset.

Layered Money is a specific Books coordinate in the Bitcoin knowledge graph. In practical terms, it identifies the subject described here: Layered Money — by Nik Bhatia: Bitcoin, monetary history, sound money and the economics of a scarce digital asset. This definition is narrower than promotional usage and should be read together with the implementation, date and evidence attached to the entry.

Written by Nik Bhatia and first published in 2021 by Portfolio.

Use this book as a route into Bitcoin, monetary history, sound money and the economics of a scarce digital asset. Its Atlas links connect the reading to the people, mechanisms and events it discusses.

Primary or authoritative records make these details checkable: Nik Bhatia's Layered Money explains monetary systems as hierarchies of base assets and claims, tracing central banking, Eurodollars and Bitcoin through settlement layers. They should be verified before using the coordinate in analysis.

The practical limit is: the layered model is an analytical framework rather than a complete balance-sheet map or forecast, and grouping instruments by layer can hide legal, liquidity and credit differences. A definition, office, chart pattern or published claim is not by itself a prediction or Bitcoin consensus rule.

For the clearest picture, read this entry together with Lightning Network, Bitcoin.

DOC · 001Portfolio — Layered MoneyPublisherDOC · 002Bookshop search — Layered MoneyBookshopDOC · 003Layered Money — official sitePrimaryDOC · 004Nik Bhatia — author recordPrimary
Reviewed 1 August 2026Source-first · No investment advice