Cryptocurrency

1988 saw the birth of the internet. 2008 gave us bitcoin. Today, cybercurrencies are changing the world we live in.

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.

Autorentext

Paul Vigna is a markets reporter for The Wall Street Journal, covering equities and the economy. He writes for the popular MoneyBeat blog, and is the anchor of the daily, live show of the same name. Before that post, he wrote and edited the Market Talk column for Dow Jones Newswires.

Klappentext

Now in paperback, this looks at the rise of bitcoin and digital money, and how it will affect our society in the future. Cryptocurrencies are democratic and international, but they are also lawless.

Zusammenfassung

'If the word 'blockchain' makes you want to call a plumber, or you think Satoshi is some kind of raw fish, you need to read Cryptocurrency today. If you're already a bit-convert, you'll still learn a lot' Niall Ferguson, author of The Ascent of Money

1988 saw the birth of the internet. 2008 gave us bitcoin. Today, cybercurrencies are changing the world we live in. What would a world without banks, credit cards or national currencies look like for all of us?

For centuries, the system that governs how money works has stayed the same. 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 don't have a nationality, they're digital and democratic. They are also lawless.

From Silicon Valley to the streets of Beijing, this is a story about a revolution in the making, a tale of human invention, and a guide to the future.

The perfect book for future proofing your money, let Cryptocurrency teach you everything you need to know about the future of finance.

'Fascinating' The Times

'Not only demystifies and explains bitcoin, but shows where it fits into the cultural zeitgeist and where it's pointed, and what that may mean for our financial system' John Mauldin, New York Times bestselling author

'I can think of no better guide to what the future holds' Eswar Prasad, author of The Dollar Trap