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The Age of Cryptocurrency : How Bitcoin and Digital Money Are Challenging the Global Economic Order
by Paul Vigna and Michael J. Casey


Overview -

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.  Read more...


 
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More About The Age of Cryptocurrency by Paul Vigna; Michael J. Casey
 
 
 
Overview

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.

 
Details
  • ISBN-13: 9781250065636
  • ISBN-10: 1250065631
  • Publisher: St. Martin's Press
  • Publish Date: January 2015
  • Page Count: 368
  • Dimensions: 9.5 x 6.5 x 1.3 inches
  • Shipping Weight: 1.2 pounds


Related Categories

Books > Business & Economics > Money & Monetary Policy
Books > Business & Economics > E-Commerce - General

 
Publishers Weekly Reviews

Publishers Weekly® Reviews

  • Reviewed in: Publishers Weekly, page .
  • Review Date: 2014-11-10
  • Reviewer: Staff

While many readers understandably have a hard time wrapping their heads around the concept of non-government-backed currency, journalists Casey (Che’s Afterlife) and Vigna, who blog about cryptocurrency at the Wall Street Journal’s MoneyBeat blog, here use their considerable expertise to make the Bitcoin phenomenon accessible. They take a thorough, multidisciplinary approach to the topic, including a fascinating examination of the origin of money. The authors are appropriately cautious, warning that despite increased public awareness of Bitcoin, it remains a niche product, and the jury is still out on how far and how quickly it and other digital currency will spread. However, newcomers will gain a better understanding of the revolutionary potential of digital currency, especially for the “roughly 2.5 billion people from Afghanistan to Africa to even America who have been shut out of the modern finance system.” And the explication of the non-currency applications of the concepts behind Bitcoin—such as tamper-proof records of verified information—will be valuable to any reader. Agent: Gillian McKenzie, Gillian McKenzie Agency. (Jan.)

 
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