Digital currencies are a fairly new phenomenon brought about by the
spectacular rise of the internet. While Bitcoin is the most famous,
there are numerous other digital currencies-from Amazon Coin to
Zetacoin. Beyond Bitcoin explores the economic forces underlying
the design of their features and their potential. Halaburda and
Sarvary argue that digital currencies are best understood by
considering the economic incentives driving their creators and
users. The authors present a framework that will allow systemic
analysis of this dynamic environment and support further discussion
of the design of digital currencies' features and the competition
in the market.
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