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

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

Paul Vigna, Michael J. Casey


Bitcoin grew to become a buzzword in a single day. A cyber-enigma with an enthusiastic following, it pops up in headlines and fuels unending media debate. you could it sounds as if use it to shop for something from espresso to automobiles, but few humans appear to actually comprehend what it really is. This increases the query: Why may still somebody care approximately bitcoin?

In The Age of Cryptocurrency, Wall road newshounds Paul Vigna and Michael J. Casey convey the definitive resolution to this question. Cybermoney is poised to release a revolution, person who might reinvent conventional monetary and social constructions whereas bringing the world's billions of "unbanked" participants right into a new worldwide economic climate. Cryptocurrency holds the promise of a economic climate with no intermediary, one owned by way of the folk who use it and one safeguarded from the devastation of a 2008-type crash.

But bitcoin, the main well-known of the cybermonies, consists of a name for instability, wild fluctuation, and illicit company; a few worry it has the facility to do away with jobs and to upend the concept that of a state nation. It implies, notably, enormous and wide-reaching change-for larger and for worse. however it is the following to stick, and also you forget about it at your peril.

Vigna and Casey demystify cryptocurrency-its origins, its functionality, and what you must comprehend to navigate a cyber-economy. The electronic foreign money global will glance very varied from the paper foreign money global; The Age of Cryptocurrency will educate you ways to be ready.

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