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. We bank from laptops and buy coffee with the wave of a phone. 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. As Eswar S. 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 transformation of money will fundamentally rewrite how ordinary people live.
Above all, Prasad foresees the end of physical cash. The driving force won’t be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk.
Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
0 有用 Fiona 2022-03-30 01:08:53
btc的去中心化、透明交易这些理想虽然很美好,但是没有底层依靠、算法机制导致的高交易成本以及无法真正做到匿名交易这些可谓是很骨干的现实了。我觉得crytocurrency可以比喻成抵御fiat money default的期权。前两章不用太细看,btc几章说得挺清晰的。
2 有用 hx 2021-12-28 15:07:39
又长又臭
0 有用 John-risktaker 2021-12-30 09:37:25
之前的评论豆瓣说我内容不合适,我也不是很清楚。反正这本书挺好的,这个领域Uhlig在seminar说过每个经济phd在研究货币经济学时都要了解一下。
0 有用 Nova 2022-01-17 11:24:46
非常全面细致地梳理了纸钞/数字货币的点点滴滴,算是了解货币政策的科普读物了吧
0 有用 目送飞鸿 2023-06-04 22:00:26 浙江
这本书从去年读到今年,实在是太啰嗦了
0 有用 Zizon 2023-12-07 22:25:53 广东
基本就是CBDC的鼓吹者吧,而且还是执着于区块链的CBDC,本质上并没有谈到为什么非得是crypto/block chain的理由,更多的是罗列有哪些实验在进行,从而试图佐证正确性...基本上就是个畅销书写法了...不过开头提出的银行加换三方的货币模型倒是有点新启发,涉及到一点现实信贷的流通本质和经济危机的一些数值上的解释.毕竟银行作为一个信贷的蓄水池,流通的健康性直接影响借贷双方.
0 有用 目送飞鸿 2023-06-04 22:00:26 浙江
这本书从去年读到今年,实在是太啰嗦了
0 有用 卧搓豆 2023-02-27 22:50:16 上海
金融科技可以带来很多好处,先进的付款系统,比如金融服务的普惠性,可得性,私人付款系统的补充,减少腐败提升税基等,CBDC也会给央行货币政策带来补充,加密货币的技术可以被央行吸收,但加密货币并不能完全改变大国的货币地位,反倒是会影响信誉及货币政策不好的小国家,金融科技也有着好坏两面,需要找准平衡点
0 有用 Fiona 2022-03-30 01:08:53
btc的去中心化、透明交易这些理想虽然很美好,但是没有底层依靠、算法机制导致的高交易成本以及无法真正做到匿名交易这些可谓是很骨干的现实了。我觉得crytocurrency可以比喻成抵御fiat money default的期权。前两章不用太细看,btc几章说得挺清晰的。
0 有用 Nova 2022-01-17 11:24:46
非常全面细致地梳理了纸钞/数字货币的点点滴滴,算是了解货币政策的科普读物了吧