Summary Of Paul Vigna Michael J Casey S The Truth Machine
Download Summary Of Paul Vigna Michael J Casey S The Truth Machine PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Summary Of Paul Vigna Michael J Casey S The Truth Machine book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages.
Summary of Paul Vigna & Michael J. Casey's The Truth Machine
Author: Everest Media
language: en
Publisher: Everest Media LLC
Release Date: 2022-07-24T22:59:00Z
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The most subversive, anti-authoritarian idea in finance is a ledger. Bitcoin, released in 2009 by a person or persons using the pseudonym Satoshi Nakamoto, was designed to be an end-around to the banks and governments that have for centuries been the guardians of our financial systems. #2 Ledgers are record-keeping devices that help deal with the problems of complexity and trust. They help us keep track of all the multiple exchanges that make up society. Without them, the giant, teeming cities of twenty-first-century society would not exist. #3 The blockchain is a digital ledger that is decentralized, and it is this feature that allows peer-to-peer transactions to take place. The distributed nature of the blockchain ledger makes it virtually impossible for anyone to change the historical record once it has been accepted. #4 The breakdown of trust in the banking sector, and the subsequent financial crisis, was a result of a vast manipulation of ledgers. The recorded value of the assets those ledgers were supposed to track turned out to be largely vapor.
Cryptocurrency
'If the word 'blockchain' makes you want to call a plumber, or you think Satoshi is some kind of raw fish, you need to read Cryptocurrency today. If you're already a bit-convert, you'll still learn a lot' Niall Ferguson, author of The Ascent of Money 1988 saw the birth of the internet. 2008 gave us bitcoin. Today, cybercurrencies are changing the world we live in. What would a world without banks, credit cards or national currencies look like for all of us? For centuries, the system that governs how money works has stayed the same. Now there's an alternative, and it puts us on the cusp of a revolution that could reshape our world. At the heart of this lie, cryptocurrencies, a technology with the transformative potential of the printing press or the internet. They bypass the elites and cut out the gatekeepers. Unlike traditional money, they don't have a nationality, they're digital and democratic. They are also lawless. From Silicon Valley to the streets of Beijing, this is a story about a revolution in the making, a tale of human invention, and a guide to the future. The perfect book for future proofing your money, let Cryptocurrency teach you everything you need to know about the future of finance. 'Fascinating' The Times 'Not only demystifies and explains bitcoin, but shows where it fits into the cultural zeitgeist and where it's pointed, and what that may mean for our financial system' John Mauldin, New York Times bestselling author 'I can think of no better guide to what the future holds' Eswar Prasad, author of The Dollar Trap
The Age of Cryptocurrency
An in-depth explanation of how bitcoin and other cryptocurrencies work, their potential for good and bad, and how this is likely to affect you as a citizen, government, business, and global geopolitics. 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.