Dr. Saifedean Ammous, the author of an explanatory book about Bitcoin (BTC) called The Bitcoin Standard, has been appointed the economic adviser to the National Bitcoin Office of El Salvador.
On May 30, the Office announced that the Austrian economist had joined the team as its advisor for matters related to various economic policies.
Dr. Ammous’ now-famous book was first published in April 2018. It analyzes the transition between solid stores of value to inflated assets and fiat currencies, traces the history of money and aims to show how civilizations have changed with their monetary systems.
Regarding the new position, he tweeted on May 30 that he was “excited” to work in the office in “the first country to adopt a Bitcoin standard!”
When the author of the Bitcoin Standard met the leader of Bitcoin Country, great things were bound to happen.
We are excited to announce that @saifedean is joining us as Economic Advisor to the National Bitcoin Office of El Salvador.
Welcome to the winning team, Dr Ammous! pic.twitter.com/LyIljvKvtz
— The Bitcoin Office (@bitcoinofficesv) May 30, 2023
Speaking to local media outlet Diario El Salvador on May 30, Ammous said, “What makes Bitcoin unique is that it gives you the opportunity to have a strong asset that doesn’t depreciate over the years.”
“If you have money that depreciates over…