Description
Book SynopsisProponents of cryptocurrency have argued it has the potential to drive economic prosperity and to help reimagine social benefits in many spaces across the world. However, as the knowledge and use of cryptocurrency increases, so do questions about trust, identity, privacy, and security. This new book connects the literature on public policy and cryptocurrency, asking: What are the governance and democracy implications of the rise in cryptocurrency use?
Beginning with a conceptual overview of cryptocurrency and how governmental actions (or inaction) led to its creation, author Donovan Johnson argues that symbiotic relationships can and do exist among cryptocurrency, democracy, and governance in the public policy/administration domain. Principles such as equity and inclusion, efficiency and effectiveness, accountability, and quality of life are explored as conduits through which cryptocurrency interfaces with public policy, democracy, and good governance.
T
Trade Review
"This book is timely and brilliantly written. It sets the stage and the framework for a very important conversation in the realm of governance. Very important questions are asked and answered in this volume, which paves the way for further exploration into this research area. The overall architecture of digital transformation in governance will be made better because of the contribution of this book!" - Professor Lloyd Waller, The University of the West Indies (UWI), Jamaica
"Dr. Donavon Johnson has taken a bold initiative in exploring cryptocurrency from the perspectives of democracy, public policy, governance, and public administration. This is an ambitious endeavour, given the enormous nature of each of these topics. Yet, Dr. Johnson navigates the territory in an accessible way for readers, simplifying complex material with very little technical jargon. This would be an interesting read for cryptocurrency enthusiasts and its policy advocates who aim to find deeper connections." - Professor Sukumar Ganapati, Florida International University, USA
Table of ContentsIntroduction: Public policy and administration, democracy and governance, and cryptocurrency implications 1. Crypto-comprehension: A conceptual glance at cryptocurrency, its evolution, and government’s role in its creation 2. Crypto-citizenship: How governments’ embrace of cryptocurrencies shape citizen-state interactions and experiences of citizenship 3. Cryptocurrency and industry 4. Cryptocurrency and its implications for democracy, governance, and governance imperatives 5. Crypto-readiness: How prepared are governments to embrace cryptocurrency and to deal with the surge in cryptocurrency usage? 6. Crypto-legislation: Examining the legislative and policy frameworks established by governments to regulate cryptocurrencies 7. Rethinking crypto-legislation: The legislative and policy fundamentals of cryptocurrency regulation Conclusion
