Description
Book SynopsisExamine what would happen if we were to deploy blockchain technology at the sovereign level and use it to create a decentralized cashless economy.This bookexplains how finance and economics work today, and how the convergence of various technologies related to the financial sector can help us find solutions to problems, such as excessive debt creation, banks getting too big to fail, and shadow banking. The Blockchain Alternativeoffers sensible corrections to outdated and incorrect dogmas, such as the efficient markets hypothesis and rational expectations theory. You'll also be introduced to universal basic income, the consequences of going cashless, why complexity economics needs to be understood and what kinds of tools and theories you'll need to redefine the existing definition of capitalism. While the book does discuss technologies and methods that are primed for our future, a number of references are made to economic history and the works ofgreat thinkers from a different era.
Trade Review“The book is based on a clear understanding of systemic links established behind today’s economic scene, an unsophisticated approach to blockchain technology, and diverse multidisciplinary documentation. A small part of the bibliographical material is presented in the text as large extracts from academic papers or official documents and policymaker or business representative statements. As a result, the work is easy to understand by a large audience and also a must-read for those who study or work in the financial sector.” (Computing Reviews, October, 2017)
Table of Contents
