Suchergebnisse

"Inflation, depressed economies, debased currencies... these are just a few of the problems centralized banking has caused throughout history. Bitcoin, a digital currency created with the ambition to shift control away from change-prone governments, has the potential to bring an end to those problems once and for all. It's time to find out how it can help you. Grokking Bitcoin explains why Bitcoin's supporters trust it so deeply, and why you can too. This approachable book will introduce you to Bitcoin's groundbreaking technology, which is the key to this world-changing system. This illustrated, easy-to-read guide prepares you for a new way of thinking with easy-to-follow diagrams and exercises. You'll discover how Bitcoin mining works, how to accept Bitcoin, how to participate in the Bitcoin network, and how to set up a digital wallet." - Back cover

Zusammenfassung
Die Finanzkrise von 2007/2008 gilt weithin als die schwerwiegendste globale Finanzkrise seit der Großen Depression. Während Akteure der etablierten Institutionen des Finanzsystems seinerzeit versucht haben, durch hektische Eingriffe den Kollaps des Finanzsystems abzuwenden, haben verschiedenen Protestbewegungen begonnen, über Alternativen nachzudenken. Dieser Beitrag befasst sich mit einem aktivistischen Alternativgeldexperiment, das uns seitdem besonders beschäftigt hat: Bitcoin. Dabei wird untersucht, wie sich Bitcoin seit seinen Anfängen entwickelt hat, welche Fragen es aufgeworfen hat und welche Implikationen sich aus den Erfahrungen mit diesem Experiment ergeben.

AbstractPeriodically collapsing rational bubbles model speculative demand in asset markets. The price and quantity of bitcoin are integrated of different orders, which is evidence of a bubble. Cointegration tests that allow for the potential presence of such bubbles with alternative proxies for fundamentals cannot reject a bubble in bitcoin.

"A broad introduction to bitcoin--ideal for non-tech users, investors, and business executives; technical foundations of bitcoin and cryptographic currencies for developers, engineers, and software and systems architects; details of the bitcoin decentralized network, peer-to-peer architecture, transaction lifecycle, and security principles; offshoots of the bitcoin and blockchain inventions, including alternative chains, currencies, and applications; user stories, elegant analogies, examples, and code snippets illustrating key technical concepts"--Page [4] of cover