Data Money: Inside Cryptocurrencies, Their Communities, Markets, and Blockchains by Koray Caliskan
English | August 1st, 2023 | ISBN: 0231209592, 0231209584 | 288 pages | True EPUB | 2.82 MB
The cryptocurrency world has transformed in a few short years from a niche subculture to a parallel economic universe, reaching a market capitalization of more than $2.5 trillion in 2021 before plummeting in 2022. For their advocates, cryptocurrencies represent a revolution of world-historical significance. To critics, crypto is more of a speculative tool than a true currency. How do tens of thousands of financial actors make these new monies? What forces give cryptocurrencies their value—or take it away? And what does crypto's spectacular ascent reveal about the nature of money?