The Cryptocurrency Phenomenon

The Cryptocurrency Phenomenon
Author: Gianni Nicolini
Publisher: Taylor & Francis
Total Pages: 116
Release: 2023-08-16
Genre: Business & Economics
ISBN: 1000923843

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This book provides a comprehensive analysis of the cryptocurrency phenomenon from a financial/monetary point of view. It offers a unique slant in at least two ways, with the financial perspective as the reference point. An examination of the technicalities surrounding blockchain and the mining of cryptocurrencies is included, but the reading is oriented to those who seek to better understand how these technical issues help to explain the functioning and the potential of cryptocurrencies, without touching on coding aspects. Moreover, the book addresses cryptocurrencies as an evolution of the concept of money, and it frames the analysis to give readers all the knowledge needed to connect the cryptocurrency phenomenon with traditional monetary theories. In so doing, cryptocurrencies are not considered as a completely disconnected trend, set apart from traditional financial systems, but as innovations that will push the concept of money forward, without dismantling previous foundations. The book also includes a discussion on central banks, and stresses how their initial diffidence toward cryptocurrencies has turned into a more active approach that includes projects to develop the so-called Central Bank Digital Currencies (CBDC), thereby completing the analysis of the state of the art of the cryptocurrency surge. The mix of theoretical content on the concept of money, the description of payment tools and the functioning of the payment industry, and the analysis of blockchain and the cryptocurrency markets makes the book interesting reading for researchers, scholars and students of economics, finance, or business, enabling them to develop the ability to understand the dynamics of the cryptocurrency phenomenon and its possible evolution.

The Bitcoin Phenomenon

The Bitcoin Phenomenon
Author: Austin Notaris
Publisher:
Total Pages: 0
Release: 2023-10-10
Genre:
ISBN:

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The book explores the history of Bitcoin, starting with its creation by Satoshi Nakamoto. It highlights the catalysts behind Bitcoin's emergence, such as various global crises and the role of decentralized currency during these times. Austin discusses how Bitcoin can act as a protector against government tyranny and as an empowering tool for those in undeveloped nations. It delves into the evolution of the internet from Web1 to Web3, highlighting how blockchain technology can disrupt current social media platforms. There's a detailed analysis of the technical aspects of Bitcoin, including Bitcoin mining, storage, trading, and its blockchain software. It also chronicles the journey of Bitcoin pioneers and key moments in Bitcoin's history. The book does not shy away from addressing criticisms of Bitcoin, dispelling common myths and concerns such as Bitcoin's environmental impact and its perceived role as a speculative asset or a Ponzi scheme. The book extends the discussion beyond Bitcoin, to Web 2.0 Ethereum, Web 3,0 faster blockchains, and the rise of Decentralized Finance (DeFi) - and its crash in Year 2022, --- In 2009, the financial landscape was forever transformed by an enigmatic figure who called himself Satoshi Nakamoto. In the boundless expanse of cyberspace, Nakamoto embarked on a daring mission to redefine the world of finance. Troubled by tyranny and the unchecked power of traditional financial institutions - their insatiable greed and invasive practices - Nakamoto unleashed a digital phenomenon that would lay the foundation for an unprecedented financial revolution: Bitcoin. Bitcoin was born out of a powerful blend of genius and necessity. With brilliant insight, Nakamoto orchestrated a complex symphony of algorithms and cryptographic ingenuity, crafting a masterpiece of digital autonomy. It wasn't just a currency; it was a manifesto for financial freedom. Bitcoin was designed to empower individuals, equipping them with the capacity to transact beyond the reach of banks and governments. The genesis of Bitcoin occurred in the aftermath of the 2008 global financial crisis. When trust in traditional financial entities was crumbling, Nakamoto introduced Bitcoin's founding document, a whitepaper simply titled "Bitcoin: A Peer-to-Peer Electronic Cash System." This was not just an introduction; it was a declaration of financial liberation. Unveiled on October 31, 2008, Bitcoin promised a world where money moved as effortlessly as a text message, bridging geographical divides and transcending political barriers. From Nakamoto's vision, a cryptocurrency was born that operated on a peer-to-peer basis, free from middlemen and intermediaries. On January 3, 2009, Bitcoin was born, captivating the hearts and minds of early adopters and cryptography enthusiasts. Satoshi mined the first million bitcoins before slowly fading into the backdrop, entrusting the project to the capable hands of committed developers like Gavin Andresen. Word of Satoshi's brainchild spread like wildfire, first whispering through obscure internet forums, and then, akin to a flaming phoenix, capturing the imaginations of tech aficionados and liberty-seeking libertarians. These pioneers, recognizing the potential of a world unchained from traditional currency, eagerly rallied to mine Bitcoin, their computers humming in harmonious unison.... The enchanting tale of Satoshi Nakamoto and the birth of Bitcoin is a saga of digital bravery, financial innovation, and cryptographic enchantment. It's a story that will inspire generations of dreamers, disruptors, and even the occasional meme lord, to challenge the status quo and reimagine the potential of our digital world.

Interdisciplinary Approaches to Digital Transformation and Innovation

Interdisciplinary Approaches to Digital Transformation and Innovation
Author: Luppicini, Rocci
Publisher: IGI Global
Total Pages: 368
Release: 2019-12-27
Genre: Business & Economics
ISBN: 1799818802

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Business approaches in today’s society have become technologically-driven and highly-applicable within various professional fields. These business practices have transcended traditional boundaries with the implementation of internet technology, making it challenging for professionals outside of the business world to understand these advancements. Interdisciplinary research on business technology is required to better comprehend its innovations. Interdisciplinary Approaches to Digital Transformation and Innovation provides emerging research exploring the complex interconnections of technological business practices within society. This book will explore the practical and theoretical aspects of e-business technology within the fields of engineering, health, and social sciences. Featuring coverage on a broad range of topics such as data monetization, mobile commerce, and digital marketing, this book is ideally designed for researchers, managers, students, engineers, computer scientists, economists, technology designers, information specialists, and administrators seeking current research on the application of e-business technologies within multiple fields.

A Fistful of Bitcoins

A Fistful of Bitcoins
Author: Massimo Amato
Publisher: EGEA spa
Total Pages: 168
Release: 2021-04-22T00:00:00+02:00
Genre: Business & Economics
ISBN: 8823819598

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“Bitcoin poses the right question, but gives the wrong answer,” write Luca Fantacci and Massimo Amato in this lucid and highly original treatment of the cryptocurrency phenomenon. A Fistful of Bitcoins uncovers the paradoxes of the first “digital cash” to achieve global attention: a disruptive payment infrastructure married to a dangerous and deflationary monetary system. From the cryptographic protocols to the quasi-religious ideologies and the retrograde monetary theories supporting Bitcoin, the authors reflect on what Bitcoin gets right and disastrously wrong about our current monetary predicament. With implications for monetary theory and policy, the prospect of central bank-issued digital currencies, and the future of blockchain-based applications, this book will be of interest beyond economics, political science and management for a general public concerned about not just what money is but what money might – and should – become.

The Dark Side of Bitcoin

The Dark Side of Bitcoin
Author: Francesco Marchesani
Publisher:
Total Pages: 103
Release: 2017-12-10
Genre:
ISBN: 9781973515241

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BITCOIN IS THE NEW WORLDWIDE PHENOMENON (also for cyber-criminals!)*** SPECIAL XMAS LAUNCH PRICE (LIMITED TIME!!) ***The book is an updated reference and overview regarding the Bitcoin phenomenon. Bitcoin is the crypto-currency that day after day is changing our way to understand the world of finance and payments (but not only!). We will investigate on its social, economic, financial, political and also criminal impact (with a focus on the so-called Dark Web).The book contains both a technical part on the Blockchain technology (and Bitcoins, in particular) and a more conceptual part concerning this phenomenon, easy to understand also for people not directly involved in the field (from the point of view of Finance and Computer Science). Therefore, it may be considered a reference both for direct stakeholders and for common people in general. Roger Ver (Bitcoin.com CEO) said that "Bitcoin is the most important invention in the history of the world since the Internet".Will it be true or not? We will explore this fascinating world of Bitcoin (also with examples and data), trying to give an answer to this question.

Crypto Foundations

Crypto Foundations
Author: Ariel Thompson
Publisher:
Total Pages: 0
Release: 2023-12-29
Genre: Business & Economics
ISBN:

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Welcome to "Crypto Foundations: Demystifying Cryptocurrencies - Your Path to Financial Empowerment." In this e-book, we set out on a quest to solve the mysteries around cryptocurrencies to give you a thorough grasp of this groundbreaking financial phenomenon. Cryptocurrencies have revolutionized the world of money by creating a decentralized, secure, and borderless method of conducting financial transactions. These digital assets, which were created due to the brilliance of blockchain technology, have disrupted established financial systems and attracted the interest of businesspeople, investors, and ordinary individuals. This e-book aims to give you the information and assurance you need to navigate the cryptocurrency landscape properly. This e-book will meet your needs whether you are a total novice looking for fundamental clarification or a seasoned investor looking to improve your techniques. We start our voyage by investigating the background and inception of cryptocurrencies, tracing their development from a purely theoretical notion to a major worldwide financial power. Understanding the history of cryptocurrencies can help to put their influence on the current financial landscape in perspective.

Blockchain and Crypto Currency

Blockchain and Crypto Currency
Author: Makoto Yano
Publisher: Springer Nature
Total Pages: 151
Release: 2020-04-15
Genre: Business & Economics
ISBN: 9811533768

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This open access book contributes to the creation of a cyber ecosystem supported by blockchain technology in which technology and people can coexist in harmony. Blockchains have shown that trusted records, or ledgers, of permanent data can be stored on the Internet in a decentralized manner. The decentralization of the recording process is expected to significantly economize the cost of transactions. Creating a ledger on data, a blockchain makes it possible to designate the owner of each piece of data, to trade data pieces, and to market them. This book examines the formation of markets for various types of data from the theory of market quality proposed and developed by M. Yano. Blockchains are expected to give data itself the status of a new production factor. Bringing ownership of data to the hands of data producers, blockchains can reduce the possibility of information leakage, enhance the sharing and use of IoT data, and prevent data monopoly and misuse. The industry will have a bright future as soon as better technology is developed and when a healthy infrastructure is created to support the blockchain market.

Crypto Uncovered

Crypto Uncovered
Author: Sarah Swammy
Publisher: Springer
Total Pages: 181
Release: 2019-01-24
Genre: Business & Economics
ISBN: 3030001350

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Crypto currency integrated BlockChain under Virtual Scalable Enterprises is a widely debated and earnestly discussed topic in the technology arena. Executives at the largest institutions are calling crypto currency fraudulent while high-level institutional banking professionals are leaving their positions to jump into crypto technology, regulation and investment opportunities as industries advance towards adoption. The narratives on these topics are diametrically opposite and polarizing on both side of the debate. While this debate has many layers from a government regulatory side to social impact to the practicality of everyday use of crypto currencies in developing markets, it is safe to assume that crypto currencies or utility tokens are more than a global phenomenon and are now becoming a working framework for optional modes of business. This book demystifies what crypto currency is, how it is used, and what it means to the consumer, investor, and the future of our global currency marketplace. By providing the historical backdrop to the market, authors Sarah Swammy, Richard Thompson, and Marvin Loh provide a clear definition of what crypto-currencies actually are, how they are being used and by whom, and the unique reasons why they have gone from back street to Main Street almost overnight. The book will also delve into the government’s role in regulating this commerce medium. Lastly, the authors will look at the current global monetary policy and discuss if this type of currency phenomena was a direct result while also examining the potential risk and rewards for investors and the economy.

Blockchain and Cryptocurrencies

Blockchain and Cryptocurrencies
Author: Asma Salman
Publisher:
Total Pages: 126
Release: 2019-08-28
Genre: Telecommunication
ISBN: 1789239133

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Finance is the language of business and as technological disruption accelerates, a fundamental change is under way. This presents both opportunities and challenges for current-day organizations and finance professionals alike. Money makes the world go around, they say; but digital money not only makes the world go around, it does it in a decentralized fashion. Because the currencies are decentralized, with the right mix of technology the opportunities that emerge are noteworthy and emerge as a game changer for financial institutions. This book shows many different aspects, examples, and regulations of cryptocurrencies through its underpinning technology of blockchain in the present-day digital era. The diversity of the authors who sum up this book signify the importance of implementation in the digitized economy. It is divided into four main sections, with topics on Bitcoin, blockchain and digital returns, impact of cryptocurrencies in gaming, and cryptocurrency exchanges.