The Economics of Cryptocurrencies and Digital Money: A Monetary Framework with a Game Theory Approach , 1st ed. free ebook download.

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The Economics of Cryptocurrencies and Digital Money: A Monetary Framework with a Game Theory Approach , 1st ed. free ebook download

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Economy

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Author(s):	Augusto Schianchi

Date:	2023	Format:	pdf	Language:	English	ISBN/ASIN:	3031442474
Pages:	240	OCR:		Quality:		ISBN13:
Uploader:	eternal	Upload Date:	9/13/2024 3:37:25 AM

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3031442474 pdf
Cryptocurrencies, stablecoins and central bank digital currency open uncharted territory for the nascent economics of new digital money. This Pivot addresses the foundations of the monetary problem raised by Bitcoin and followers, starting with the game theory of Proof-of-Work as rent-seeking contest and a lively account of the different ways of trust that blockchain solutions and monetary institutions are meant to face. In so doing, the authors introduce the relevance of safe assets under the light of the principle of “no questions asked” that characterizes the monetary problem of the 2020s. Principles for regulation emerge in the perspective in which private issuers of digital coins are essentially issuers of demand deposits, and therefore bank-like entities. The potential role of central bank digital currency in the future monetary system is thoroughly discussed. Students and researchers in economics and finance, professionals and sophisticated readers may consider this book an essential guide to the challenging new dimensions of digital money.

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3271169	Book	https://nitroflare.com/view/1FD239FE9E7D...		2.00	eternal

Tags: Approach Cryptocurrencies Digital Economics Framework Game Monetary Money Theory

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