Data Money: Inside Cryptocurrencies, Their Communities, Markets, and Blockchains Caliskan Koray
The cryptocurrency world has transformed in a few short years from a niche subculture to a parallel economic universe, reaching a market capitalization of more than $2.5 trillion in 2021 before…
Specifikacia Data Money: Inside Cryptocurrencies, Their Communities, Markets, and Blockchains Caliskan Koray
The cryptocurrency world has transformed in a few short years from a niche subculture to a parallel economic universe, reaching a market capitalization of more than $2.5 trillion in 2021 before plummeting in 2022. For their advocates, cryptocurrencies represent a revolution of world-historical significance. To critics, crypto is more of a speculative tool than a true currency. How do tens of thousands of financial actors make these new monies? What forces give cryptocurrencies their value-or take it away? And what does crypto's spectacular ascent reveal about the nature of money?In this groundbreaking ethnographic analysis of crypto economies and their global markets and communities, Koray Caliskan offers an inside view of how cryptocurrencies are made and traded. He argues that cryptocurrency should be understood as "data money," a historically novel money type,