Quest for Good Money : : Past, Present and Future / / by Yukinobu Kitamura.

This open access book examines the history and role of money. Money is often defined in terms of three interrelated functions: as a medium of exchange, store of value and unit of account. Researchers frequently discuss the first two functions, but tend to ignore unit of account. This book focuses on...

Full description

Saved in:
Bibliographic Details
Superior document:Hitotsubashi University IER Economic Research Series, 48
VerfasserIn:
Place / Publishing House:Singapore : : Springer Nature Singapore :, Imprint: Springer,, 2022.
Year of Publication:2022
Edition:1st ed. 2022.
Language:English
Series:Hitotsubashi University IER Economic Research Series, 48
Physical Description:1 online resource (XV, 151 p. 25 illus., 12 illus. in color.)
Tags: Add Tag
No Tags, Be the first to tag this record!
LEADER 03884nam a22005175i 4500
001 993568673204498
005 20221102090253.0
006 m o d |
007 cr nn 008mamaa
008 221102s2022 si | o |||| 0|eng d
020 |a 981-19-5591-3 
024 7 |a 10.1007/978-981-19-5591-4  |2 doi 
035 |a (CKB)5700000000299852 
035 |a (DE-He213)978-981-19-5591-4 
035 |a (MiAaPQ)EBC7130691 
035 |a (Au-PeEL)EBL7130691 
035 |a (OCoLC)1350536222 
035 |a (oapen)https://directory.doabooks.org/handle/20.500.12854/93974 
035 |a (EXLCZ)995700000000299852 
040 |a MiAaPQ  |b eng  |e rda  |e pn  |c MiAaPQ  |d MiAaPQ 
041 0 |a eng 
050 4 |a HB172.5 
072 7 |a KCB  |2 bicssc 
072 7 |a BUS039000  |2 bisacsh 
072 7 |a KCB  |2 thema 
082 0 4 |a 339  |2 23 
100 1 |a Kitamura, Yukinobu.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a Quest for Good Money :  |b Past, Present and Future /  |c by Yukinobu Kitamura. 
250 |a 1st ed. 2022. 
260 |a Singapore  |b Springer Nature  |c 2022 
264 1 |a Singapore :  |b Springer Nature Singapore :  |b Imprint: Springer,  |c 2022. 
300 |a 1 online resource (XV, 151 p. 25 illus., 12 illus. in color.)  
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a Hitotsubashi University IER Economic Research Series,  |x 2524-5147 ;  |v 48 
520 |a This open access book examines the history and role of money. Money is often defined in terms of three interrelated functions: as a medium of exchange, store of value and unit of account. Researchers frequently discuss the first two functions, but tend to ignore unit of account. This book focuses on how a unit of account or denomination can be defined and can be derived from the monetary system. In the case of paper money and coins, we know how to determine the denomination of money based on the problem of the least number of weights defined by Bâchet and proved by Hardy and Wright (1960). However, in the case of digital or cryptocurrency, denomination may not matter because digital or cryptocurrency uses a wallet that is essentially denomination free: a wallet can contain any amount of currency without upper and lower limits. When people talk about the stablecoin, i.e. the stable price of digital and cryptocurrency with the major legal tender, they take a unit of account or denomination of digital or cryptocurrency as given. This arrangement destroys the nature of denomination free or decentralized autonomy as it were. Exploring how we can consolidate with these two views of denomination, this book will appeal to anyone interested in creating new digital or cryptocurrencies. It also serves as a textbook on central bank digital currency. 
505 0 |a Preface -- Chapter 1 Overview of the History of Money -- Chapter 2 On the Choice of Optimal Currency Denominations -- Chapter 3 The Impact of Denomination Choice on Commercial Trading: A Policy Evaluation of a New Iraqi Monetary System -- Chapter 4 Diffusion of Electronic Money and Choice of Payment Methods -- Chapter 5 The Impact of Electronic Money on Demand for Cash: Time Series Analysis -- Chapter 6 Can We Stabilize the Price of a Cryptocurrency? Understanding the Design of Bitcoin and Its Potential to Compete with Central Bank Money -- Chapter 7 A Cashless Society: Facts and Issues -- Chapter 8 The Future of Money or Quest for Good Money . 
506 0 |a Open Access 
546 |a English 
650 0 |a Macroeconomics. 
650 0 |a Financial services industry. 
650 1 4 |a Macroeconomics and Monetary Economics. 
650 2 4 |a Financial Services. 
653 |a Money 
653 |a Cryptocurrency 
653 |a Digital currency 
653 |a Central bank 
653 |a Denomination 
653 |a Number theory 
776 |z 981-19-5590-5 
830 0 |a Hitotsubashi University IER Economic Research Series,  |x 2524-5147 ;  |v 48 
906 |a BOOK 
ADM |b 2024-07-24 02:29:42 Europe/Vienna  |f system  |c marc21  |a 2022-11-14 04:01:55 Europe/Vienna  |g false 
AVE |i DOAB Directory of Open Access Books  |P DOAB Directory of Open Access Books  |x https://eu02.alma.exlibrisgroup.com/view/uresolver/43ACC_OEAW/openurl?u.ignore_date_coverage=true&portfolio_pid=5341201450004498&Force_direct=true  |Z 5341201450004498  |b Available  |8 5341201450004498