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St. Martin's Press
February 2015
On Sale: January 27, 2015
ISBN: 1250065631
EAN: 9781250065636
Kindle: B00L73JQ18
Hardcover / e-Book
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Non-Fiction
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
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 reinvent traditional financial and social
structures while bringing the world's billions of "unbanked"
individuals into a new global economy. Cryptocurrency holds
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, carries 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 cryptocurrency—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.
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