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

The Age of Cryptocurrency: How Bitcoin and the Blockchain Are Challenging the Global Economic Order Author Paul Vigna
ISBN-10 1250081556
ISBN-13 9781250081551
Year 2016-01-12
Pages 384
Language English
Publisher Picador
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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 changefor better and for worse But it is here to stay and you ignore it at your peril Vigna and Casey demystify cryptocurrencyits 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

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