The Age of Cryptocurrency: How Bitcoin and the Blockchain Are Challenging the Global Economic Order

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An in-depth clarification of how bitcoin and different cryptocurrencies work, their potential for good and dangerous, and the way that is more likely to have an effect on you as a citizen, authorities, enterprise, and world geopolitics.

Bitcoin turned a buzzword in a single day. A cyber-enigma with an enthusiastic following, it pops up in headlines and fuels limitless media debate. You possibly can apparently use it to purchase something from espresso to vehicles, but few folks appear to actually perceive what it’s. This raises the query: Why ought to anybody care about bitcoin?

In The Age of Cryptocurrency, Wall Avenue journalists Paul Vigna and Michael J. Casey ship the definitive reply to this query. Cybermoney is poised to launch a revolution, one that might reinvent conventional monetary and social constructions whereas bringing the world’s billions of “unbanked” people into a brand new world economic system. Cryptocurrency holds the promise of a monetary system and not using a intermediary, one owned by the individuals who use it and one safeguarded from the devastation of a 2008-type crash.

However bitcoin, probably the most well-known of the cybermonies, carries a popularity for instability, wild fluctuation, and illicit enterprise; some worry it has the ability to eradicate jobs and to upend the idea of a nation-state. It implies, above all, monumental and wide-reaching change―for higher and for worse. However it’s right here to remain, and also you ignore it at your peril.

Vigna and Casey demystify cryptocurrency―its origins, its operate, and what it is advisable to know to navigate a cyber-economy. The digital forex world will look very totally different from the paper forex world; The Age of Cryptocurrency will educate you tips on how to be prepared.

Writer ‏ : ‎ Picador; Reprint version (January 12, 2016)
Language ‏ : ‎ English
Paperback ‏ : ‎ 384 pages
ISBN-10 ‏ : ‎ 1250081556
ISBN-13 ‏ : ‎ 978-1250081551
Merchandise Weight ‏ : ‎ 2.31 kilos
Dimensions ‏ : ‎ 1.14 x 6.1 x 9.21 inches