000718340 000__ 02853cam\a2200445\i\4500 000718340 001__ 718340 000718340 005__ 20230103121001.0 000718340 006__ m\\\\\o\\d\\\\\\\\ 000718340 007__ cr\cn\nnnunnun 000718340 008__ 150420t20142014enk\\\\\ob\\\\000\0\eng\d 000718340 020__ $$a9780255366618$$qelectronic book 000718340 020__ $$z9780255366946 000718340 035__ $$a(OCoLC)ocn900888837 000718340 035__ $$a(CaPaEBR)ebr10990036 000718340 035__ $$a718340 000718340 040__ $$aCaPaEBR$$beng$$erda$$epn$$cCaPaEBR 000718340 05014 $$aHG221$$b.D693 2014eb 000718340 08204 $$a332.4$$223 000718340 1001_ $$aDowd, Kevin,$$eauthor. 000718340 24510 $$aNew private monies$$h[electronic resource] :$$ba bit-part player? /$$cKevin Dowd. 000718340 264_1 $$aLondon, [England] :$$bThe Institute of Economic Affairs,$$c2014. 000718340 264_4 $$c©2014 000718340 300__ $$a1 online resource (115 pages) 000718340 336__ $$atext$$2rdacontent 000718340 337__ $$acomputer$$2rdamedia 000718340 338__ $$aonline resource$$2rdacarrier 000718340 4901_ $$aHobart paper ;$$v174 000718340 504__ $$aIncludes bibliographical references. 000718340 506__ $$aAccess limited to authorized users. 000718340 520__ $$aNew forms of private monies regularly hit the newspaper headlines. However, there is relatively little discussion of whether such innovations will last the pace and perform effectively the functions that we expect of money. This monograph, by one of the leading scholars in the field of private money and free banking, examines new innovations such as Bitcoin, the Liberty Dollar and e-gold. Kevin Dowd concludes that competition in this field is welcome given the lamentable history of state money which has seen its purchasing power shrink greatly over the years. However, the author also concludes that, whilst recent developments in private monetary systems are welcome and may herald a forthcoming revolution, new monies face many challenges. Some of those challenges relate to the nature of the private monies themselves. Other challenges come from law enforcement agencies that are determined to prevent competition with state money. Kevin Dowd outlines the regulatory and legal changes that will be necessary if beneficial innovation is to thrive and discusses how developments in private money are part of a more general movement amongst people who wish to reduce the role of the state in their lives. - Back cover. 000718340 588__ $$aDescription based on print version record. 000718340 650_0 $$aMoney. 000718340 650_0 $$aMonetary policy. 000718340 650_0 $$aElectronic funds transfers. 000718340 650_0 $$aElectronic commerce. 000718340 77608 $$iPrint version:$$aDowd, Kevin.$$tNew private monies.$$dLondon : IEA, Institute of Economic Affairs, [2014]$$z9780255366946$$w(OCoLC)884741266 000718340 830_0 $$aHobart paper ;$$v174. 000718340 8520_ $$bacq 000718340 85280 $$bebk$$hEbrary 000718340 85640 $$3ProQuest Ebook Central$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=1865601$$zOnline Access 000718340 909CO $$ooai:library.usi.edu:718340$$pGLOBAL_SET 000718340 980__ $$aEBOOK 000718340 980__ $$aBIB 000718340 982__ $$aEbook 000718340 983__ $$aOnline