Cryptocurrency:
Policy Issues, Financial Implications, and Security Risks Mccallum, J. Edward |
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ISBN 10: 9798886971262 Category: Economics Edition: 1 Publisher: Nova Science Publishers, Inc. Copyright: 2022 Format: Cloth Status: Active Pages: 442 Weight: 2 Retail Price: 270.00 Quantity On Hand: 0 Quantity On Order: 0 |
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Synopsis: Cryptocurrencies are digital money in electronic payment systems that generally do not require government backing or the involvement of an intermediary, such as a bank. Instead, users of the system validate payments using certain protocols. Since the 2008 invention of the first cryptocurrency, Bitcoin, cryptocurrencies have proliferated. In recent years, they experienced a rapid increase and subsequent decrease in value. One estimate found that, as of March 2020, there were more than 5,100 different cryptocurrencies worth about $231 billion. |
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