Download or read book Philosophy of Digital Currencies written by Ugochukwu Chigoziem Ikpeazu and published by Taylor & Francis. This book was released on 2023-02-23 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current systems are failing the poor because these systems are unable to provide the financial inclusion needed for basic subsistence and commerce, which in turn would drive micro- and macro-economic growth. This book introduces the reader to a new way of thinking about how value can be created, captured, measured, and understood, economically and financially, and within the context of social contracts. It underscores the need to revisit such models through technological advancements, namely, Industrial Revolution 4.0, in order to solve pressing global issues such as economic inclusion and poverty eradication. The book proposes that for humanity to make the leap forward and for any real sustainable development to occur, the world needs a disruptive approach to value creation using currency systems, considering that currencies underpin value exchange. This disruption will result in a level of decentralization that facilitates peer-to-peer value exchange and drives financial inclusion, all of which should be underscored by a new, digital social contract. The author asserts that a time-based digital currency could address these issues by creating a new and truly inclusive currency model that allows economies to gain more value than previously possible. In addition, by leveraging 4IR technologies, a currency system can be designed where each unit of money accurately reflects the context and range of socio-economic factors that influence each human interaction. This book is aimed at futurists, technologists, researchers, policymakers, and anyone that is curious about how technology could make a difference in our collective futures. It cuts across a range of subject areas from economics, finance, philosophy, innovation to social development and takes an interdisciplinary approach to present a logical framework and theoretical foundation for the monetization of time as a digital currency.
Download or read book Philosophy of Digital Currencies written by Ugochukwu Chigoziem Ikpeazu and published by Taylor & Francis. This book was released on 2023-02-23 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current systems are failing the poor because these systems are unable to provide the financial inclusion needed for basic subsistence and commerce, which in turn would drive micro- and macro-economic growth. This book introduces the reader to a new way of thinking about how value can be created, captured, measured, and understood, economically and financially, and within the context of social contracts. It underscores the need to revisit such models through technological advancements, namely, Industrial Revolution 4.0, in order to solve pressing global issues such as economic inclusion and poverty eradication. The book proposes that for humanity to make the leap forward and for any real sustainable development to occur, the world needs a disruptive approach to value creation using currency systems, considering that currencies underpin value exchange. This disruption will result in a level of decentralization that facilitates peer-to-peer value exchange and drives financial inclusion, all of which should be underscored by a new, digital social contract. The author asserts that a time-based digital currency could address these issues by creating a new and truly inclusive currency model that allows economies to gain more value than previously possible. In addition, by leveraging 4IR technologies, a currency system can be designed where each unit of money accurately reflects the context and range of socio-economic factors that influence each human interaction. This book is aimed at futurists, technologists, researchers, policymakers, and anyone that is curious about how technology could make a difference in our collective futures. It cuts across a range of subject areas from economics, finance, philosophy, innovation to social development and takes an interdisciplinary approach to present a logical framework and theoretical foundation for the monetization of time as a digital currency.
Download or read book Blockchain and Crypto Currency written by Makoto Yano and published by Springer Nature. This book was released on 2020-04-15 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book contributes to the creation of a cyber ecosystem supported by blockchain technology in which technology and people can coexist in harmony. Blockchains have shown that trusted records, or ledgers, of permanent data can be stored on the Internet in a decentralized manner. The decentralization of the recording process is expected to significantly economize the cost of transactions. Creating a ledger on data, a blockchain makes it possible to designate the owner of each piece of data, to trade data pieces, and to market them. This book examines the formation of markets for various types of data from the theory of market quality proposed and developed by M. Yano. Blockchains are expected to give data itself the status of a new production factor. Bringing ownership of data to the hands of data producers, blockchains can reduce the possibility of information leakage, enhance the sharing and use of IoT data, and prevent data monopoly and misuse. The industry will have a bright future as soon as better technology is developed and when a healthy infrastructure is created to support the blockchain market.
Download or read book Digital Cash written by Finn Brunton and published by Princeton University Press. This book was released on 2020-10-13 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fascinating untold story of digital cash and its creators—from experiments in the 1970s to the mania over Bitcoin and other cryptocurrencies Bitcoin may appear to be a revolutionary form of digital cash without precedent or prehistory. In fact, it is only the best-known recent experiment in a long line of similar efforts going back to the 1970s. But the story behind cryptocurrencies like Bitcoin and its blockchain technology has largely been untold—until now. In Digital Cash, Finn Brunton reveals how technological utopians and political radicals created experimental money to bring about their visions of the future: to protect privacy, bring down governments, prepare for apocalypse, or launch a civilization of innovation and abundance that would make its creators immortal. Filled with marvelous characters, stories, and ideas, Digital Cash is an engaging and accessible account of the strange origins and remarkable technologies behind today's cryptocurrency explosion.
Download or read book Cryptocommunism written by Mark Alizart and published by Polity. This book was released on 2020-10-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cryptocurrencies are often associated with right-wing political movements, or even with the alt-right. They are the preserve of libertarians and fans of Ayn Rand and Friedrich Hayek. With their promotion of anonymity and individualism, there’s no doubt that they seamlessly slot into the prevailing anti-State ideology. But in this book Mark Alizart argues that the significance of cryptocurrencies goes well beyond cryptoanarchism. In so far as they allow us ‘to appropriate collectively the means of monetary production’, to paraphrase Marx, and to replace ‘the government of persons by the administration of things’, as Engels advocated, they form the basis for a political regime that begins to look like a communism which has at last come to fruition – a cryptocommunism.
Download or read book The Politics of Bitcoin written by David Golumbia and published by U of Minnesota Press. This book was released on 2016-09-26 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its introduction in 2009, Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F.A. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists. Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications. Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange. This is gray literature publishing: where intense thinking, change, and speculation take place in scholarship.
Download or read book Digital Currencies and Public Law written by Andrew Dahdal and published by Taylor & Francis. This book was released on 2024-09-30 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book supports the deeper engagement of public lawyers in digital currency developments which threaten dramatic changes in the relationship between individuals and government authorities. No contemporary issue is more widely acknowledged and less understood than that of digital currencies. The voice of constitutional scholars, however, is crucially missing from prevailing digital money discourses. Private law scholars are grappling with the legal questions raised by digital currency models in property and contract. Public law scholars, by contrast, have yet to appreciate the significance of the moment. The challenge of understanding the technical dimensions of digital money innovations has obscured the potential constitutional revolution digital currencies represent. This book proceeds from the proposition that ‘money’ is best conceived as a constitutional phenomenon. When seen as such, it becomes clear that changes in the nature of money represent changes in political and constitutional arrangements. Explaining how, and in what ways, those changes will take place is the primary focus of this book. Through an examination of historical episodes where the nature of money has been linked to renewed constitutional settlements, this book distils a core set of principles linking aspects of monetary innovation such as technical control of the money supply to constitutional positions such as executive fiscal accountability. From these principles, a conceptual framework is proposed that translates the specific attributes of digital currency proposals into the language of constitutional dynamics. The book will be of interest to students, academics and practitioners with an interest in the law of digital currencies, constitutional law and politics.
Download or read book Proof of Stake written by Vitalik Buterin and published by Seven Stories Press. This book was released on 2022-09-27 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new book from one of TIME's 2021 most influential people Author was in Forbes 30 Under 30 Hall of Fame "A crucial contribution to development of a new technology that will impact all of our lives.” –Laura Shin, host of the Unchained podcast and author of The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze “Vitalik Buterin is one of the most influential creators of our generation....Like most of his work, it is sure to become a must-read.”–Camila Russo, author of The Infinite Machine, founder of The Defiant The ideas behind Ethereum in the words of its founder, describing a radical vision for more than a digital currency—reinventing organizations, economics, and democracy itself in the age of the internet. When he was only nineteen years old, in late 2013, Vitalik Buterin published a visionary paper outlining the ideas behind what would become Ethereum. He proposed to take what Bitcoin did for currency—replace government and corporate power with power shared among users—and apply it to everyday apps, organizations, and society as a whole. Now, less than a decade later, Ethereum is the second-most-valuable cryptocurrency and serves as the foundation for the weird new world of NFT artworks, virtual real estate in the metaverse, and decentralized autonomous organizations. The essays in Proof of Stake have guided Ethereum’s community of radicals and builders. Here for the first time they are collected from across the internet for new readers. They reveal Buterin as a lively, creative thinker, relentlessly curious and adventuresome in exploring the consequences of his invention. His writing stands in contrast to the hype that so often accompanies crypto in the public imagination. He presents it instead as a fascinating set of social, economic, and political possibilities, opening a window into a conversation that far more of us could be having. Media scholar Nathan Schneider provides introductions and notes.
Download or read book Understanding cryptocurrency fraud written by Shaen Corbet and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-12-06 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook focuses on the key issues that continue to hinder the formal development of cryptocurrencies as a mainstream financial asset. It primarily examines reputationally damaging events, particularly those related to illicit behavior. The goal of the handbook is to determine whether some of these events could be mitigated by improved or at least coordinated international regulation. The handbook will be useful for specialist technical audiences such as legal, accounting and financial practices. It will also be beneficial for upper level masters and research students in economics, law, accounting, taxation, investment and portfolio management.
Download or read book The Cryptocurrency Revolution written by Rhian Lewis and published by Kogan Page Publishers. This book was released on 2020-10-03 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world of cryptocurrencies and blockchains was initially viewed as a niche space of little interest to mainstream business and finance sectors. With major banks now licensed to provide cryptocurrency custody solutions, and everyone from Facebook to governments using the underlying technology to create their own digital currencies, this has undoubtedly changed. The Cryptocurrency Revolution explains the most important takeaways from the continued growth of digital currencies and blockchain technology and explores the transformative possibilities of borderless payments, decentralized finance ('DeFi') and machine-to-machine transactions. Written in jargon-free and accessible language, this book examines the key value proposition of Bitcoin and other cryptocurrencies and how decentralized technologies could enable banks and financial institutions to become more efficient. It looks at the potential impact of company-backed virtual currencies (such as Facebook's Libra) and how governments and regulators around the world are reacting to these innovations. With discussion of the principles of tokenomics and the difference between public and private blockchains, The Cryptocurrency Revolution is the essential guide for those wishing to understand the threats and opportunities of the changing world of payments and finance.
Download or read book Digital Technology and Democratic Theory written by Lucy Bernholz and published by University of Chicago Press. This book was released on 2021-02-17 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most far-reaching transformations in our era is the wave of digital technologies rolling over—and upending—nearly every aspect of life. Work and leisure, family and friendship, community and citizenship have all been modified by now-ubiquitous digital tools and platforms. Digital Technology and Democratic Theory looks closely at one significant facet of our rapidly evolving digital lives: how technology is radically changing our lives as citizens and participants in democratic governments. To understand these transformations, this book brings together contributions by scholars from multiple disciplines to wrestle with the question of how digital technologies shape, reshape, and affect fundamental questions about democracy and democratic theory. As expectations have whiplashed—from Twitter optimism in the wake of the Arab Spring to Facebook pessimism in the wake of the 2016 US election—the time is ripe for a more sober and long-term assessment. How should we take stock of digital technologies and their promise and peril for reshaping democratic societies and institutions? To answer, this volume broaches the most pressing technological changes and issues facing democracy as a philosophy and an institution.
Download or read book The Currency Cold War Cash and Cryptography Hash Rates and Hegemony written by David Birch and published by London Publishing Partnership. This book was released on 2020-05-27 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money is changing and this may mean a new world order. David Birch sets out the economic and technological imperatives concerning digital money, and discusses its potential impact. Tensions will inevitably arise: between old and new, between public and private, and, most importantly, between East and West. This book contributes to the debate that we must have to shape the International Monetary and Financial System of the near future.
Download or read book The Philosophy of Money and Finance written by Joakim Sandberg and published by Oxford University Press. This book was released on 2024-01-18 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Philosophy of Money and Finance presents sixteen original essays providing a comprehensive introduction to questions concerning the nature of money and monetary value, the epistemology of markets, and the ethics of financial systems.
Download or read book Philosophy of Digital Currencies written by Ugochukwu Chigoziem Ikpeazu and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Current systems are failing the poor because these systems are unable to provide the financial inclusion needed for basic subsistence and commerce, which in turn would drive micro and macro-economic growth. This book introduces the reader to a new way of thinking about how value can be created, captured, measured and understood, economically and financially, and within in the context of social contract. It underscores the need to revisit such models through technological advancements, namely Industrial Revolution 4.0, in order to solve pressing global issues like economic inclusion and poverty eradication. The book proposes that for humanity to make the leap forward and for any real sustainable development to occur, the world needs a disruptive approach to value creation using currency systems, considering that currencies underpin value exchange. This disruption will result in a level of decentralization that facilitates peer-to-peer value exchange and drives financial inclusion, all of which should be underscored by a new, digital social contract. The author asserts that a time-based digital currency could address these issues by creating a new and truly inclusive currency model that allows economies to gain more value than previously possible. In addition, by leveraging 4IR technologies, a currency system can be designed where each unit of money accurately reflects the context and range of socio-economic factors that influence each human interaction. This book is aimed at futurists, technologists, researchers, policymakers, and anyone that is curious about how technology could make a difference in our collective futures. It cuts across a range of subject areas from economics, finance, philosophy, innovation to social development and takes an interdisciplinary approach to present a logical framework and theoretical foundation for the monetization of time as a digital currency"--
Download or read book Digital Currencies and the New Global Financial System written by Ranjan Aneja and published by Taylor & Francis. This book was released on 2022-12-13 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the current debate around Central Bank Digital Currencies (CBDC) and the future of New Global Financial System. It offers deep insight into the global monetary policy in the context of digital and cryptocurrencies and examines both the opportunities and challenges to come. The book draws a clear distinction between digital and cryptocurrencies and answers several research questions, such as what the consequences of forming Central Bank Digital Currencies and their impact on the financial markets, in both advanced and developing economies, might be. Another question refers to whether the role of monetary policy easing has led to the rise of the virtual currency market, while still others relate to the impact of the pandemic on international settlements. The book also discusses the issue of investment in cryptocurrencies, and the related risks, whether or not this is a profitable investment vehicle, and how the digital banking system evaluates such investments. Further, the book also highlights the post-pandemic challenges for central banks, such as future monetary policy. It includes a complex review of the literature and presents elaborate econometric models of digital currencies and cryptocurrencies. The book has a wide geographic focus, examining these aspects from the perspective of several countries including China, India and the US. The primary audience for the book is researchers, scholars and students of international finance and economics but it will also appeal to practitioners concerned with the digitalisation of financial systems, policymakers and regulatory agencies. Note: Prof. Shalini Talwar's affiliation is published incorrectly. Her correct affiliation, which may be considered for referencing and records is: Shalini Talwar, Associate Professor, S. P. Jain Institute of Management and Research, Mumbai, India.
Download or read book Understanding Money written by Aditya Nain and published by Taylor & Francis. This book was released on 2021-07-29 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a novel understanding of money by moving away from the dominant lens of economics through which it is usually seen. In contrast to the economic frameworks of "money", the volume examines philosophical discourses on money through conceptual frameworks that explain how monetary value manifests in various empirical monetary systems. It showcases how the increasingly abstract nature of the objects that stand proxy for money could be conceptualized ontologically, highlighting the predominance of digital money today, as well as contemporary monetary innovations such as cryptocurrencies like Bitcoin. Provocative, yet grounded in a sound theoretical framework, this book will be of interest to scholars, students, and teachers interested in money or monetary value, across various domains and disciplines such as philosophy, economics, sociology, anthropology, finance, science, and technology studies, as well as the interested general reader.
Download or read book Exploring Central Bank Digital Currencies Concepts Frameworks Models and Challenges written by Kaur, Guneet and published by IGI Global. This book was released on 2024-03-07 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the ever-evolving landscape of global finance, the rise of Central Bank Digital Currencies (CBDCs) has introduced a myriad of challenges that demand immediate scholarly attention. The accelerating pace of digital transformation, coupled with the intricate dynamics of these novel currencies, poses significant hurdles in their widespread adoption. From privacy concerns to the technological complexities involved, the academic community finds itself at the forefront of deciphering the multifaceted challenges inherent in the CBDC landscape. Addressing this imperative need for comprehensive analysis is the groundbreaking publication, Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges. Within the pages of this compelling work, scholars will encounter a meticulous exploration of the intricate evolution of money, navigating from traditional barter systems to the digital era. The catalytic role of Bitcoin in reshaping the financial landscape serves as a cornerstone, laying the foundation for a profound understanding of the cryptocurrency fundamentals that underpin CBDCs. This book delves into the conceptual frameworks and technological models shaping CBDCs, aiming to illuminate the complex challenges faced by central banks, governments, and financial institutions in their pursuit of digital currency integration.
