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Record Nr. |
UNINA9910787257303321 |
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Autore |
Dowd Kevin |
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Titolo |
New private monies : a bit-part player? / / Kevin Dowd |
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Pubbl/distr/stampa |
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London, [England] : , : The Institute of Economic Affairs, , 2014 |
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©2014 |
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ISBN |
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0-255-36699-X |
0-255-36661-2 |
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Descrizione fisica |
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1 online resource (115 p.) |
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Collana |
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Disciplina |
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Soggetti |
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Money - Economic aspects |
Monetary policy - Mathematical models |
Electronic funds transfers - Social aspects |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Foreword; The author; Acknowledgements; Summary; figures; Introduction; The liberty dollar; Trading Liberty Dollars for greenbacks; Liberty Dollar notes; The Liberty Dollar in exchange and as a store of value; The Liberty Dollar and the law in the land of liberty; Digital currency; Digital gold currency; Cryptocurrency: bitcoin; The supply of Bitcoin; Figure 1Stock of Bitcoin; The demand for Bitcoin; History of the Bitcoin market; Figure 2Bitcoin market prices and quantities traded; Current state of the Bitcoin market; Threats to Bitcoin; The future of Bitcoin |
In the long run, is Bitcoin dead?Broader implications of cryptocurrency; Free trade: the Silk Road; Financial freedom; Conclusions; Contemporary private money and the functions of money; Regulation of contemporary private monies; Cryptocurrencies and the transformation of society?; References |
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Sommario/riassunto |
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Kevin Dowd argues that states must allow a level playing field as far as private money is concerned. For too long the government has stifled competition between state-backed and private currencies. Instead, central banks should welcome competition as it forces them to offer consumers greater choice and improved quality. A weakened ability to store value, growing restrictions on finance, oppressive taxes and a |
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