| Description |
1 online resource (xxi, 250 pages) : illustrations |
| Summary |
"What is the future of money? What is the difference between bitcoin, blockchain, coins and tokens? What is cryptocurrency and why all the fuss? And what about gold? What will be a long-term stable store of value and how does that relate to what may or may not be valuable as an investment? Is blockchain a short-term fad or will it truly disrupt everything? Money Without Boundaries is a must-have resource for anyone interested in exploring these questions. See how over 100 years of theory converge with emerging technologies to create a new 5G reality. The punchline: the convergence of these megatrends changes and disrupts everything as you know it today"-- Amazon.com |
| Contents |
Money through time : a different perspective -- The fundamentals of money -- Banking : an overview -- The denationalization of money -- The rise of cryptocurrency -- The role model -- Pillar 1 : modern portfolio theory and the risk-free asset -- Pillar 2 : the credit theory of money -- Pillar 3 : solving the trust gap = blockchain -- Pillar 4 : capital markets as a "technology" -- Transcending space and time -- Bringing the building blocks together -- A neural network begins -- Conclusion -- The future of money : a credit-based society -- A house of cards. |
| Bibliography |
Includes bibliographical references and index. |
| Summary |
Discover how blockchain will facilitate a new currency that will transcend space and time' Largely inspired by The Denationalization of Money by Fredrich Hayek, Money Without Boundaries' ideological foundation is also inspired by economists and thought leaders like Milton Friedman and Irving Fisher, advancements in capital markets over the past 50 years, and the convergence of old and new technologies. Author Thomas J. Anderson explains how blockchain acts as the filter and the glue, making it all possible.' Compared with other currencies, blockchain-managed money markets are more straightforward and transparent. It is easier to monitor, understand, and assess the quality of their "full-faith and credit." Money Without Boundaries shows how not only money, but also the process of borrowing and lending, will evolve to be conducted in a 100% trusted, secure, transparent, open architecture environment. Anderson begins with a history of money and discusses the rise of cryptocurrency, concluding with a comparison of decentralized money markets to all other alternatives.' Money without Boundaries: -'Demonstrates how blockchain technology allows full transparency -'Explains how blockchain makes it possible for money to be fully commoditized -'Explains how this fully market-based, decentralized, self-regulating system has vast implications throughout the global financial system -'Shows how everyone will benefit when they have the opportunity to compete on "full faith in credit" If you are interested in cryptocurrency, money, monetary theory, or understanding how the applied uses of blockchain technology will change your everyday life, this is essential reading. -- Provided by publisher |
| Subject |
Electronic funds transfers.
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Banks and banking -- Technological innovations.
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Blockchains (Databases)
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Cryptocurrencies.
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Transferts électroniques de fonds. |
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Chaînes de blocs. |
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Cryptomonnaie. |
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cryptocurrencies. |
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Banks and banking -- Technological innovations |
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Cryptocurrencies |
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Blockchains (Databases) |
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Electronic funds transfers |
| Other Form: |
Print version: Anderson, Thomas J. (Certified investment management analyst). Money without boundaries. Hoboken, New Jersey : John Wiley & Sons, Inc., 2019 9781119564065 (OCoLC)1112373651 |
| ISBN |
9781119564041 (electronic book) |
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1119564042 (electronic book) |
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9781119564058 (electronic book) |
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1119564050 (electronic book) |
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