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Before Babylon, Beyond Bitcoin : From Money That We Understand to Money That Understands Us by BIRCH (2017, Hardcover)

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Product Information

Technology is changing money and this book looks at where it might be taking us. Technology has transformed money from physical objects to intangible information. With the arrival of smart cards, mobile phones and Bitcoin it has become easier than ever to create new forms of money. Crucially, money is also inextricably connected with our identities. Your card or phone is a security device that can identify you - and link information about you to your money. Dave Birch looks back over the history of money, spanning thousands of years. He sees in the past, both recent and ancient, evidence for several possible futures. Looking further back to a world before cash and central banks, there were multiple 'currencies' operating at the level of communities, and the use of barter for transactions. Perhaps technology will take us back to the future, a future that began back in 1971, when money became a claim backed by reputation rather than by physical commodities of any kind. Since then, money has been bits. The author shows that these phenomena are not only possible in the future, but already upon us. We may well want to make transactions in Tesco points, Air Miles, Manchester United pounds, Microsoft dollars, Islamic e-gold or Cornish e-tin. The use of cash is already in decline, and is certain to vanish from polite society. The newest technologies will take money back to its origins: a substitute for memory, a record of mutual debt obligations within multiple overlapping communities. This time though, money will be smart. It will be money that reflects the values of the communities that produced it. Future money will know where it has been, who has been using it and what they have been using it for.

Product Identifiers

Publisher
London Publishing Partnership
ISBN-10
1907994653
ISBN-13
9781907994654
eBay Product ID (ePID)
239705444

Product Key Features

Book Title
Before Babylon, Beyond Bitcoin : from Money That We Understand to Money That Understands Us
Author
Birch
Format
Hardcover
Language
English
Topic
Banks & Banking, Economic History, General, Money & Monetary Policy
Publication Year
2017
Genre
Business & Economics
Number of Pages
288 Pages

Dimensions

Item Length
9.5in
Item Height
1.1in
Item Width
6.4in
Item Weight
23.2 Oz

Additional Product Features

Lc Classification Number
Hg221.B5 2017
Reviews
"David Birch brings out in rich and lucid detail the full historical journey money has been undertaking and the technological revolutions it has encountered en route. Historical scholars, technologists, monetary economists and policy makers will all find something in here to hold their attention, to reshape their view of history or technology, finance or policy." From the foreword by Andrew Haldane, Chief Economist of the Bank of England and member of the Monetary Policy Committee
Copyright Date
2017
Target Audience
Trade
Dewey Decimal
332.404
Dewey Edition
23
Illustrated
Yes

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Before Babylon, Beyond Bitcoin : From Money That We Understand to Money That Understands Us by BIRCH (2017, Hardcover)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 Before Babylon, Beyond Bitcoin: From Money That We Understand to Money That...

item 2 Before Babylon, Beyond Bitcoin: From Money That We Understand to Money That...

item 3 Before Babylon, Beyond Bitcoin: From Money That We Understand to

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Best Selling in Books

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