The Age of Cryptocurrency

Author: Paul Vigna
Publisher: St. Martin's Press
ISBN: 146687306X
Format: PDF, Mobi
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Bitcoin became a buzzword overnight. A cyber-enigma with an enthusiastic following, it pops up in headlines and fuels endless media debate. You can apparently use it to buy almost anything from coffee to cars, yet few people seem to truly understand what it is. This raises the question: Why should anyone care about Bitcoin? In THE AGE OF CRYPTOCURRENCY, Wall Street journalists Paul Vigna and Michael J. Casey deliver the definitive answer to this question. Cybermoney is poised to launch a revolution, one that could entirely re-invent traditional financial and social structures while bringing the world's billions of "unbanked" individuals into a new global economy. Cryptocurrency represents the promise of a financial system without a middleman, one owned by the people who use it and one safeguarded from the devastation of a 2008-type crash. But bitcoin, the most famous of the cybermonies, brings with it a reputation for instability, wild fluctuation, and illicit business; some fear it has the power to eliminate jobs and to upend the concept of a nation-state. It implies, above all, monumental and wide-reaching change—for better and for worse. But it is here to stay, and you ignore it at your peril. Vigna and Casey demystify the concept of cryptocurrency, detailing its origins, its function, and what you need to know to navigate a cyber-economy. The digital currency world will look very different from the paper currency world; THE AGE OF CRYPTOCURRENCY will teach you how to be ready for it.

Bitcoin and Beyond

Author: Malcolm Campbell-Verduyn
Publisher: Routledge
ISBN: 1351814079
Format: PDF, ePub, Mobi
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Since the launch of Bitcoin in 2009 several hundred different ‘cryptocurrencies’ have been developed and become accepted for a wide variety of transactions in leading online commercial marketplaces and the ‘sharing economy’, as well as by more traditional retailers, manufacturers, and even by charities and political parties. Bitcoin and its competitors have also garnered attention for their wildly fluctuating values as well as implication in international money laundering, Ponzi schemes and online trade in illicit goods and services across borders. These and other controversies surrounding cryptocurrencies have induced varying governance responses by central banks, government ministries, international organizations, and industry regulators worldwide. Besides formal attempts to ban Bitcoin, there have been multifaceted efforts to incorporate elements of blockchains, the peer-to-peer technology underlying cryptocurrencies, in the wider exchange, recording, and broadcasting of digital transactions. Blockchains are being mobilized to support and extend an array of governance activities. The novelty and breadth of growing blockchain-based activities have fuelled both utopian promises and dystopian fears regarding applications of the emergent technology to Bitcoin and beyond. This volume brings scholars of anthropology, economics, Science and Technology Studies, and sociology together with GPE scholars in assessing the actual implications posed by Bitcoin and blockchains for contemporary global governance. Its interdisciplinary contributions provide academics, policymakers, industry practitioners and the general public with more nuanced understandings of technological change in the changing character of governance within and across the borders of nation-states.

Open and Big Data Management and Innovation

Author: Marijn Janssen
Publisher: Springer
ISBN: 3319250132
Format: PDF, Docs
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This book constitutes the refereed conference proceedings of the 14th IFIP WG 6.11 Conference on e-Business, e-Services and e-Society, I3E 2015, held in Delft, The Netherlands, in October 2015. The 40 revised full papers presented together with 1 keynote panel were carefully reviewed and selected from 65 submissions. They are organized in the following topical sections: adoption; big and open data; e-business, e-services,, and e-society; and witness workshop.

The SAGE Encyclopedia of the Internet

Author: Barney Warf
Publisher: SAGE
ISBN: 1526450437
Format: PDF, Kindle
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The Internet needs no introduction, and its significance today can hardly be exaggerated. Today, more people are more connected technologically to one another than at any other time in human existence. For a large share of the world’s people, the Internet, text messaging, and various other forms of digital social media such as Facebook have become thoroughly woven into the routines and rhythms of daily life. The Internet has transformed how we seek information, communicate, entertain ourselves, find partners, and, increasingly, it shapes our notions of identity and community. The SAGE Encyclopedia of the Internet addresses the many related topics pertaining to cyberspace, email, the World Wide Web, and social media. Entries will range from popular topics such as Alibaba and YouTube to important current controversies such as Net neutrality and cyberterrorism. The goal of the encyclopedia is to provide the most comprehensive collection of authoritative entries on the Internet available, written in a style accessible to academic and non-academic audiences alike.

An Anthropology of Money

Author: Senior Instructor of History and Faculty Principal of the Carolina International House Tim Di Muzio
Publisher: Taylor & Francis
ISBN: 1315453444
Format: PDF, Docs
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An Anthropology of Money: A Critical Introduction shows how our present monetary system was imposed by elites and how they benefit from it. The book poses the question: how, by looking at different forms of money, can we appreciate that they have different effects? The authors demonstrate how modern money requires perpetual growth, an increase in inequality, environmental devastation, increasing commoditization, and, consequently, the perpetual consumption of ever more stuff. These are not intrinsic features of money, but, rather, of debt-money. This text shows that, through studying money in other cultures, we can have money that better serves the broader goals of society.

The Age of Crytocurrency

Author: Paul V.
Publisher:
ISBN: 9781984375322
Format: PDF
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For any currency to be viable, be it a decentralized cryptocurrency issued by a computer program or a traditional fiat currency issued by a government, it must win the trust of the community using it. For cryptocurrency advocates, as we'll learn in the chapters ahead, the whole point is to offer an alternative model for that trust. They tout a system of payments in which the payee no longer has to trust third- party institutions such as banks or governments to assure that the payer can deliver the agreed-upon funds. Instead, cryptocurrency systems imbue trust in an inviolable, decentralized computer program that is, in theory, incapable of defrauding people. None of this, however, gets cryptocurrencies off the hook. They, too, must win people's trust if they are to become relevant. Trust is at the core of any system of money. For it to work, people must feel confident that a currency will be held in the right esteem by others. So before we get into bitcoin's dramatic arrival on the scene and its bid to change the way we think about such things, we need to explore that notion of trust in more depth as it has evolved through history. This chapter will takes us on a journey through the evolution of money, one of society's most remarkable yet poorly understood inventions. Let's start with some basic questions. What is money? What does it represent? How did society come to develop such a system for exchanging goods and measuring their value? As is the case in any field of study, figuring out how something functions is often best approached by examining cases where the system hasn't worked. One contemporary example of failure is in Zimbabwe, whose defunct multibillion-denominated notes now sit on the desks of financial reporters and currency traders as reminders of how unhinged things can become with money. But the strongest lesson Western societies have learned comes from farther back: the 1920s Weimar Republic. The German government then, unwilling to court military conflict with its European neighbors but also reluctant to upset the public by raising taxes, instead printed money to cover its debts and sent the German mark into an uncontrollable downward spiral. As inflation soared beyond anything anyone could imagine, children would arrange stacks of worthless 50-million-mark notes into playhouses. The greatest caution from all this comes from the knowledge that this monetary and governmental chaos opened a door to Adolf Hitler. Germany was eventually converted into a functioning, generally peace-loving nation, showing that it's possible for democratic societies to restore order after a bout of financial and political chaos. The same goes for Brazil, which, through tough monetary-policy reforms, put the 30,000-plus percent inflation rates and the dictatorship of the 1980s behind it. But some places live with monetary dysfunction almost permanently, and for this they pay a formidable price. We learn from their experience that the core problem is not irresponsible policy decisions by money-printing central banks, though this is the mechanism through which hyperinflation is created. Rather, the problem stems from a deep-seated breakdown of trust between the people who use a currency and the monetary authority that issues it. Since those monetary authorities are ordinarily national governments, this breakdown reflects a society's flawed relationship with its government. It's an instructive way to think about what a cryptocurrency, with its trustless, math-based system of monetary exchange, offers as an alternative.

Cryptocurrency

Author: Paul Vigna
Publisher: Random House
ISBN: 1473521157
Format: PDF, Kindle
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The system that governs how money works, with its brokers and middlemen, has stayed roughly the same for centuries. Now there’s an alternative, and it puts us on the cusp of a revolution that could reshape our world. At the heart of this lie cryptocurrencies, a technology with the transformative potential of the printing press or the internet. They bypass the elites and cut out the gatekeepers. Unlike traditional money they’re peer-to-peer, they don’t have a nationality, they’re digital and democratic. They are also lawless. For the Afghani woman denied a bank account by a repressive society, or any of the world’s 2.5 billion unbanked individuals, cryptocurrencies open new possibilities. What would a world without banks or credit cards or even national currencies look like for all of us? From Silicon Valley to the streets of Beijing, this is a book about a revolution in the making, a story of human invention, and a guide to the future.