An introduction to cryptocurrencies and blockchain technology; a guide for practitioners and students.
I Introduction
1 The Context of Monetary Theory
2 Bitcoin Overview
II Technical Analysis
3 Transactional Capacity
4 Transactional Legitimacy
5 Transactional Consensus
III Further Remarks
6 Bitcoin's Challenges
7 Further Applications
8 Practical Guidelines for Bitcoin
References
Index
Fabian Sch r is Professor of Blockchain, Distributed Ledger
Technology, and Fintech at the University of Basel and Director of
the Center for Innovative Finance.
Aleksander Berentsen is Professor of Economic Theory at the Faculty
of Business and Economics at the University of Basel and Chairman
of the Board of the Center for Innovative Finance.
"This terrific book lucidly explains the key components of Bitcoin
and blockchain, including hashing, public key cryptography, and
smart contracts, embedded in an excellent presentation of key
concepts from monetary economics and discussion of recent
challenges for cryptocurrencies and central bank digital
currencies. If you are looking for one book on this topic, this is
it."
– Harald Uhlig, Bruce Allen and Barbara Ritzenthaler Professor in
Economics and the College, University of Chicago
"Bitcoin made a big splash in the financial world. This accessible
book is an excellent introduction to both monetary theory and
crypto technology."
– Markus K. Brunnermeier, Edwards S. Sanford Professor of
Economics, Princeton University
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