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An in-depth explanation of how bitcoin and other cryptocurrencies work, their potential for good and bad, and how this is likely to affect you as a citizen, government, business, and global geopolitics.
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 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 reinvent traditional financial and social structures while bringing the world’s billions of “unbanked” individuals into a new global economy. Cryptocurrency holds 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, carries 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 cryptocurrency―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.
Publisher : Picador
Publication date : January 12, 2016
Edition : Reprint
Language : English
Print length : 384 pages
ISBN-10 : 1250081556
ISBN-13 : 978-1250081551
Item Weight : 2.31 pounds
Dimensions : 1.14 x 6.1 x 9.21 inches
Customers say
Customers find the book informative and well-written, particularly appreciating its historical details and comprehensive content. Moreover, the book serves as a great introduction to Bitcoin, providing a high-level overview of blockchain technology. They also value its balanced approach to the subject matter.
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