Digital Currency PDF
By:Daniel McGlynn,CQ Press
Published on 2014 by
Financial transactions increasingly are taking place outside the traditional government-backed currency system via a variety of so-called digital currencies or cryptocurrencies. The best known of these, bitcoin, is accepted by a growing number of businesses large and small, with more than 2 million transactions last month. For people with a strong libertarian bent, the involvement of governments in currency is cause for alarm. To them, digital currency is a way to achieve greater freedom. For other users, protecting privacy and avoiding the costs of the traditional monetary system, such as paying fees to credit card companies, make digital currencies attractive. But these currencies also are proving risky. Their values are volatile, and some parts of the system are vulnerable to hackers. Moreover, law enforcement officials say digital currency provides criminals a way to hide the proceeds of their illegal activities. International, federal and state regulators are studying these new currencies to determine how to address the issues they pose.
This Book was ranked at 12 by Google Books for keyword Digital Currencies.
Book ID of Digital Currency's Books is fF_hrQEACAAJ, Book which was written byDaniel McGlynn,CQ Presshave ETAG "JVK8VA3erI0"
Book which was published by since 2014 have ISBNs, ISBN 13 Code is and ISBN 10 Code is
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Book which have "24 Pages" is Printed at BOOK under CategoryBanks and banking
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