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A History of Digital Currency in the United States - New Technology in an Unregulated Market (Hardcover, 1st ed. 2017)
Loot Price: R4,034
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A History of Digital Currency in the United States - New Technology in an Unregulated Market (Hardcover, 1st ed. 2017)
Series: Palgrave Advances in the Economics of Innovation and Technology
Expected to ship within 12 - 17 working days
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This book presents detailed case studies of the first commercial
internet digital currency systems developed between 1996 and 2004.
Transactions completed with the new technology circumvented all US
financial regulations, an opening that transnational criminals
exploited. Mullan explains how an entire industry of companies,
agents, and participants turned a blind eye to crimes being
committed in this unsupervised environment. He then tracks the
subsequent changes made to US regulations that now prevent such
unlicensed activity, illustrating the importance of supervising
products and industries that arise from new disruptive technology.
This book distills hundreds of hours of interviews with the
creators and operators of early digital currency businesses to
create detailed case studies of their practices.
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