Name: Quest for Good Money: Past, Present and Future (en Inglés)
Price: 302.06 PEN
Availability: InStock
Author: Kitamura, Yukinobu
ISBN: 9789811955907

portada Quest for Good Money: Past, Present and Future (en Inglés)

Formato

Libro Físico

Autor

Yukinobu Kitamura

Editorial

Springer

Idioma

Inglés

N° páginas

151

Encuadernación

Tapa Dura

Dimensiones

23.4 x 15.6 x 1.1 cm

Peso

0.41 kg.

ISBN13

9789811955907

Categorías

Macroeconomía
Industria del sector servicios

Quest for Good Money: Past, Present and Future (en Inglés)

Yukinobu Kitamura (Autor) · Springer · Tapa Dura

Libro Físico

S/ 302,06

S/ 604,12

Ahorras: S/ 302,06

50% descuento

Envío normal

Origen: Reino Unido (Costos de importación incluídos en el precio)

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Reseña del libro "Quest for Good Money: Past, Present and Future (en Inglés)"

This open access book examines the history and role of money. Money is often defined in terms of three interrelated functions: as a medium of exchange, store of value and unit of account. Researchers frequently discuss the first two functions, but tend to ignore unit of account. This book focuses on how a unit of account or denomination can be defined and can be derived from the monetary system. In the case of paper money and coins, we know how to determine the denomination of money based on the problem of the least number of weights defined by Bâchet and proved by Hardy and Wright (1960). However, in the case of digital or cryptocurrency, denomination may not matter because digital or cryptocurrency uses a wallet that is essentially denomination free: a wallet can contain any amount of currency without upper and lower limits. When people talk about the stablecoin, i.e. the stable price of digital and cryptocurrency with the major legal tender, they take a unit of account or denomination of digital or cryptocurrency as given. This arrangement destroys the nature of denomination free or decentralized autonomy as it were. Exploring how we can consolidate with these two views of denomination, this book will appeal to anyone interested in creating new digital or cryptocurrencies. It also serves as a textbook on central bank digital currency.