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Fabian Schär and Aleksander Berentsen: Bitcoin, Blockchain, and Cryptoassets: A Comprehensive Introduction: The MIT Press, 2020.

Authors :
Garratt, Rodney
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