A fistful of bitcoins : the risks and opportunities of virtual currencies / Massimo Amato, Luca Fantacci.

Format:

Book

Author/Creator:

Amato, Massimo, author.

Fantacci, Luca, 1971- author.

Language:

English

Subjects (All):

Bitcoin.

Electronic funds transfers.

Physical Description:

1 online resource (vi, 150 pages) : illustrations

Edition:

First edition.

Place of Publication:

Milano : Bocconi University Press, 2020.

Summary:

"Bitcoin poses the right question, but gives the wrong answer," write Luca Fantacci and Massimo Amato in this lucid and highly original treatment of the cryptocurrency phenomenon. A Fistful of Bitcoins uncovers the paradoxes of the first "digital cash" to achieve global attention: a disruptive payment infrastructure married to a dangerous and deflationary monetary system. From the cryptographic protocols to the quasi-religious ideologies and the retrograde monetary theories supporting Bitcoin, the authors reflect on what Bitcoin gets right and disastrously wrong about our current monetary predicament. With implications for monetary theory and policy, the prospect of central bank-issued digital currencies, and the future of blockchain-based applications, this book will be of interest beyond economics, political science and management for a general public concerned about not just what money is but what money might - and should - become.

Notes:

Includes bibliographical references.

Description based on print version record.

ISBN:

88-31322-10-9