Book details

The Age of Cryptocurrency

How Bitcoin and Digital Money Are Challenging the Global Economic Order

Author: Paul Vigna and Michael J. Casey

The Age of Cryptocurrency

The Age of Cryptocurrency

$12.99

About This Book

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 almost anything from coffee...

Page Count
368
Genre
On Sale
01/27/2015

Book Details

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 almost 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 entirely re-invent traditional financial and social structures while bringing the world's billions of "unbanked" individuals into a new global economy. Cryptocurrency represents 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, brings with it 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 change—for better and for worse. But it is here to stay, and you ignore it at your peril.

Vigna and Casey demystify the concept of cryptocurrency, detailing its 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 for it.

Imprint Publisher

St. Martin's Press

ISBN

9781466873063

In The News

“Anyone who doubts that bitcoin and its imitators are at the early stage of altering fundamentally the global payments system--if not the nature of money itself--will find it difficult to resist Michael Casey and Paul Vigna's admirably clear and judicious account. If the word 'blockchain' makes you want to call a plumber, or if you think Satoshi is some kind of raw fish, you need to read The Age of Cryptocurrency today. If you're already a bit-convert, you'll still learn a lot.” —Niall Ferguson, author of The Ascent of Money

“Anyone who views bitcoin as a voodoo concept must read this totally comprehensible narrative outlining the history of money and how bitcoin might become a new and better currency. For those confused by bitcoin concepts, this clearheaded and readable book sets forth credible reasons why bitcoin might or might not be an evolving economic miracle.” —Arthur Levitt, 25th Chairman of the United States Securities and Exchange Commission

“An invaluable book: a fascinating field guide to the phenomenon in which three of the most powerful forces shaping our world today--the reform of finance, technological innovation, and the rejection of traditional politics--meet.” —Felix Martin, author of Money: The Unauthorized Biography

“The thought-provoking Age of Cryptocurrency was a pleasure to read. The authors have successfully de-mystified cryptocurrencies like bitcoin so that even a traditionalist like myself can understand them and embrace their potential. And the references to money were so spot-on, they even taught this old dog some new tricks.” —Edmund C. Moy, 38th Director of the United States Mint (2006-2011)

“Vigna and Casey unlock the mysteries of cryptocurrencies and their implications for the future of financial transactions in an engaging, lucid, and thought-provoking account. The technological developments described in this book will someday affect every one of us and I can think of no better guide to what the future holds.” —Eswar Prasad, author of The Dollar Trap

“Even to a bitcoin skeptic like myself, Vigna and Casey's book is a fascinating journey into the cast of characters and oddballs behind the movement into the digital currency realm.” —Barry Ritholtz, CIO, Ritholtz Wealth Management

About the Creators

The Age of Cryptocurrency

The Age of Cryptocurrency

$12.99