Wildcat Currency

How the Virtual Money Revolution is Transforming the Economy

Autor: Edward Castronova

Limbă:

Legare: Carte broșată

Editura: Yale University Press

Disponibilitate: În depozitul extern

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Private currencies have always existed, from notes printed by individual banks to the S&H Green Stam...

Informații despre carte

Autor

Edward Castronova

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2015

Pagini

288

EAN

9780300212495

ISBN

0300212496

Enbook ID

09030773

Editura

Yale University Press

Greutate

424

Dimensiuni

150 x 229 x 23

Descriere completă

Private currencies have always existed, from notes printed by individual banks to the S&H Green Stamps to Bitcoin. Today's economy has seen an explosion of new forms of monetary exchange not created by the federal government. Credit card companies offer points that can be traded in for a variety of goods and services, from airline miles to online store credit. Online game creators have devised new mediums of electronic exchange that turn virtual money into real money. Meanwhile, real money is increasingly going digital, where it competes with private currencies like Bitcoin. The virtual and the real economic worlds are intermingling more than ever before, raising the possibility that this new money might eventually replace the government-run system of dollars, euros, and yen. Edward Castronova is the leading researcher in this field, a founder of scholarly online game studies and an expert on the economies of virtual worlds. In this dynamic and essential work, he explores the current phenomenon of virtual currencies and what it will mean legally, politically, and economically in the future. In doing so, he provides a fascinating, often surprising discourse on the meaning of money itself--what it is, what we think it is, and how we relate to it on an emotional level.

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Wildcat Currency

How the Virtual Money Revolution is Transforming the Economy

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