Imagine there's no currency. E-book. Formato EPUB - 9788831602655

Imagine there's no currency is a
novel about the future of money. The Novel unfolds in the heart of an
emerging economy, burdened by the dangers of hyperinflation and the looming
prospect of other economic challenges. In a not-so-distant future, the global
economy had been ravaged by hyperinflation, wars, and human folly. Only a
handful of powerful states held sway over the rest, enjoying economic dominance
and privileges. The majority of the world's population languished in poverty,
while money had lost its value... It all began when an enigmatic
scientist named Dr. Carter made an astonishing breakthrough...
In this book, my aim is to
provide a comprehensive explanation of the cryptosystem and blockchain
technology. I delve deeply into the intricacies of Blockchain and
cryptocurrencies, offering readers an in-depth understanding of these
innovative concepts. Through this exploration, you will acquire a profound
understanding of the current intricate landscape and the potential future
developments in both the realms of money and technology.
Moreover, I will share my
visionary perspective on alternative monetary and economic model about the
future of money. Years ago, I had the first insight that gave life to an
innovative theory, imagining a possible "market" coexistence between
cryptocurrencies and traditional fiat currencies, promoting the creation of
potential alternative economic areas. This theory is based on the observation
of the lack of a key variable in the Keynesian memory function of money, namely
the technological innovation related to money produced precisely by Blockchain
and cryptocurrencies. By adding this variable and more, I intuited that,
consequently, monetary systems would move endogenously toward alternative equilibrium
points between currency and cryptocurrencies with effective functionalities,
such as Bitcoin, which I have always considered a possible new form of
decentralized money and a potential supranational fractional reserve (optimal
points of coexistence equilibrium). From here, I developed a new function of
the demand for money and conducted various macroeconomic considerations for the
creation of alternative digital systems in specific economic areas, which could
coexist with traditional ones, but expanding economic opportunities for various
reasons.