The Future of Money
The Future of Money A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse.We think we've seen…
Specifikacia The Future of Money
The Future of Money
A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse.We think we've seen financial innovation. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. We bank from laptops and buy coffee with the wave of a phone.
The transformation of money will fundamentally rewrite how ordinary people live.Above all, Prasad foresees the end of physical cash. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The driving force won't be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop