Programmable Money: Is Bitcoin the Future of Money? - Couverture souple

Peña, PhD René

Couverture souple

ISBN 10 : 1973577542 ISBN 13 : 9781973577546

Editeur : Independently published, 2017

Synopsis

Money is an illusion, an idea that becomes an instrument that is applied in a monetary zone and capable of evolving. We are experiencing the fourth industrial revolution, that of Artificial Intelligence. While humanity has already passed the revolution of computing, or the electricity and steam, that moved the past, money revolution also has its stages. The origin of money is mixed with debt when it was used with barter, in the form of all kinds of merchandise, then it was standardized with the metal coins. Money on paper comes later, and is an American innovation. The electronic money continued the journey boosted by the banks and now with the artificial intelligence we see the advances of the programmable money. Today money is complex, there are many types of current accounts, innumerable means of savings (including accounts that guarantee overcome inflation) also the system gives the possibility of saving in foreign currency, or the recently appeared "cryptocurrencies", such as Bitcoin. Is Bitcoin the future of money? If the system with mobile payment becomes standard, it will affect traditional banking, and will also affect the international transactions of the Countries. The mobile phone is increasingly powerful and can begin to assume automatic delegate actions, on behalf of the client. That allows banking, tax payments, commercial and even national currency operations, which together with the electronic money of Banking make programmable money possible. The concept of money also has new ways of manifesting itself with the "quasi-money" that is treated in detail in the book, or phenomena such as "negative interest" in a special chapter. The new money will end anonymity. Will everyone like this? Finally, an entire chapter is devoted to the security of programmable money given that it depends on whether it is implemented quickly or slowly.

Détails de l'édition

• Éditeur: Independently published
• Date d'édition: 2017
• Langue: anglais
• ISBN 10: 1973577542
• ISBN 13: 9781973577546
• Reliure: Broché
• Nombre de pages: 353
• Coordonnées du fabricant: Manufactured by Amazon on behalf of the author; https://www.amazon.fr/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxembourg