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Fabian Schär and Aleksander Berentsen: Bitcoin, Blockchain, and Cryptoassets: A Comprehensive Introduction: The MIT Press, 2020.
- Source :
- Business Economics; Jan2022, Vol. 57 Issue 1, p27-30, 4p
- Publication Year :
- 2022
-
Abstract
- The book provides a brief journey though the origins of money, identifying the properties of money, what gives money value, and how this value depends on competition in money creation. I "Everything you don't understand about money combined with everything you don't understand about computers." i John Oliver's description of Bitcoin on Last Week Tonight with John Oliver, March 2018. This singleness is by no means guaranteed, but rather is a major triumph of central banks.[3] The initial dialogue on money ends with a discussion of physical versus virtual money. They offer multiple reasons why central bank money for all (think conventional accounts for the public at the central bank) make more sense than a central bank cryptocurrency. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 0007666X
- Volume :
- 57
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Business Economics
- Publication Type :
- Review
- Accession number :
- 155548944
- Full Text :
- https://doi.org/10.1057/s11369-021-00236-1