{"product_id":"cryptocurrencies-money-trust-and-regulation","title":"Cryptocurrencies: Money, Trust and Regulation","description":"\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003eThe emergence of new digital currencies like Bitcoin and Facebook's Diem has challenged traditional notions of money, its functions, and purpose, and raised concerns about the legitimacy of financial and banking systems. Oonagh McDonald's book explores the challenges, opportunities, and threats posed by cryptocurrencies to existing fiat currencies and their potential to revolutionize global finance. It assesses the technology behind digital currencies, including blockchain and smart contracts, and considers the need for robust protection against fraudulent ICOs and hacks. The book also examines the motivations of central banks to explore the development of an alternative global digital currency and its implications for the supremacy of the dollar and other fiat currencies. McDonald emphasizes the importance of trust in finance and argues that it will help protect commercial bank money from the threat of new digital currencies. \u003c\/blockquote\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\\n                                                            \u003cstrong\u003eFormat\u003c\/strong\u003e: Hardback\u003cbr\u003e\\n                              \u003cstrong\u003eLength\u003c\/strong\u003e: 240 pages\u003cbr\u003e\\n                              \u003cstrong\u003ePublication date\u003c\/strong\u003e: 07 October 2021\u003cbr\u003e\\n                              \u003cstrong\u003ePublisher\u003c\/strong\u003e: Agenda Publishing\u003cbr\u003e\\n                          \u003c\/p\u003e\u003cp\u003e\u003cbr\u003eThe advent of new digital currencies has brought about a significant shift in our understanding of money, its functions, and its purpose, challenging our faith in the financial and banking systems that underpin its legitimacy. In her comprehensive examination, Oonagh McDonald explores the challenges, opportunities, and threats that cryptocurrencies pose to existing fiat currencies and their potential to revolutionize global finance.\u003cbr\u003e\u003cbr\u003eThe book charts the spectacular rise of cryptocurrencies over the past decade, alongside the much slower regulatory response. It assesses the potential of the technology underpinning these new digital currencies, such as blockchain, digital tokens, and smart contracts, to evade existing regulatory frameworks and considers the need for more robust protection against fraudulent initial coin offerings, scams, and hacks.\u003cbr\u003e\u003cbr\u003eMcDonald delves into the motivations of central banks as they begin to explore opportunities for an alternative global digital currency, and what this might mean for the supremacy of the dollar and other fiat currencies. She also examines the future of cash, considering the potential for digital currencies to replace traditional forms of payment.\u003cbr\u003e\u003cbr\u003eThroughout her analysis, McDonald emphasizes the fundamental role of trust in the operation of finance and argues that this trust will ultimately protect commercial bank money from the threat of new digital currencies. The book offers readers an insightful appraisal of the future of money and the challenges facing regulatory bodies.\u003cbr\u003e\u003cbr\u003eIn conclusion, The Future of Money: Cryptocurrencies and the Challenges to Central Banks is a thought-provoking and timely book that sheds light on the transformative potential of digital currencies and the need for robust regulatory frameworks to ensure their responsible development. McDonald's analysis provides valuable insights into the future of money and the challenges facing regulatory bodies, and is a must-read for anyone interested in this rapidly evolving field.\u003c\/p\u003e\u003cp\u003e\\n                            \u003cstrong\u003eWeight\u003c\/strong\u003e: 536g\\n                            \u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 165 x 242 x 26 (mm)\\n                            \u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9781788214209\\n                            \\n                          \u003c\/p\u003e","brand":"Oonagh McDonald","offers":[{"title":"Hardback","offer_id":44093429842170,"sku":"9781788214209","price":28.56,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/shulphink.com\/products\/cryptocurrencies-money-trust-and-regulation","provider":"Shulph Ink","version":"1.0","type":"link"}