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Ammous, Saifedean, 1980-
Subjects
Bitcoin.
Bitcoin -- Government policy.
Electronic commerce.
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by author:
Ammous, Saifedean, 1980-
by title:
The Bitcoin standard...
by call number:
332.178 A521b
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Ammous, Saifedean, 1980-
Bitcoin.
Bitcoin -- Government policy.
Electronic commerce.
MARC Display
The Bitcoin standard : the decentralized alternative to central banking / Saifedean Ammous.
by
Ammous, Saifedean, 1980-
John Wiley & Sons, Inc., 2018.
Call #:
332
.178
A521b
Subjects
Bitcoin.
Bitcoin -- Government policy.
Electronic commerce.
ISBN:
9781119473862 (hc)
Description:
xvii, 286 p. : ill. ; 24 cm.
Bibliography:
Includes bibliographical references and index.
Summary:
"Bitcoin is the digital age's novel, decentralized, and automated solution to the problem of money: accessible worldwide, controlled by nobody. Can this young upstart money challenge the global monetary order? Economist Saifedean Ammous traces the history of the technologies of money to seashells, limestones, cattle, salt, beads, metals, and government debt, explaining what gave these technologies their monetary role, what makes for sound money, and the benefits of a sound monetary regime to economic growth, innovation, culture, trade, individual freedom, and international peace. The monetary and historical analysis sets the stage for understanding the mechanics of the operation of Bitcoin, the reasons for its initial success, and the role it could play in an information economy. Rather than serving as a currency and network for consumer purchases, the author argues Bitcoin is better suited as a store of value and network for settlement between large financial institutions. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin's true importance may just lie in providing a decentralized, neutral, free-market alternative to national central banks."--Publisher.
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Central Library
Adult Nonfiction
332.178 A521b
Core Collection - Adult
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