An intriguing look at the exploding phemen of unregulated private currencies and how they will change our ecomy forever Private currencies have always existed, from tes printed by individual banks to the S&H Green Stamps to Bitcoin. Today's ecomy has seen an explosion of new forms of monetary exchange t created by the federal government. Credit card companies offer points that can be traded in for a variety of goods and services, from airline miles to online store credit. Online game creators have devised new mediums of electronic exchange that turn virtual money into real money. Meanwhile, real money is increasingly going digital, where it competes with private currencies like Bitcoin. The virtual and the real ecomic worlds are intermingling more than ever before, raising the possibility that this new money might eventually replace the government-run system of dollars, euros, and yen. Edward Castrova is the leading researcher in this field, a founder of scholarly online game studies and an expert on the ecomies of virtual worlds. In this dynamic and essential work, he explores the current phemen of virtual currencies and what it will mean legally, politically, and ecomically in the future. In doing so, he provides a fascinating, often surprising discourse on the meaning of money itself-what it is, what we think it is, and how we relate to it on an emotional level.
Product Identifiers
Publisher
Yale University Press
ISBN-10
0300212496
ISBN-13
9780300212495
eBay Product ID (ePID)
214430844
Product Key Features
Author
Edward Castronova
Format
Trade Paperback (US), Paperback
Language
English
Subject
Economics: Professional & General
Type
Textbook
Dimensions
Weight
362g
Height
234mm
Width
155mm
Additional Product Features
Place of Publication
New Haven
Spine
25mm
Author Biography
Edward Castronova is professor of media and cognitive science at Indiana University. His previous publications include Synthetic Worlds and Exodus to the Virtual World. He lives in Bloomington, IN.
Date of Publication
04/08/2015
Country of Publication
United States
Genre
Economics: Professional & General
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