Money Without Boundaries

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DISCOVER HOW BLOCKCHAIN TECHNOLOGY WILL ESTABLISH A NEW GLOBAL CURRENCY THAT TRANSCENDS SPACE AND TIME We typically categorize "money" into earnings, such as income from a job, and as a store of value, like cash in the bank, to use for purchasing goods and services. Money Without Boundaries separates income and store of value to create a decentralized perfect store of value, the risk-free asset. Blockchain technology digitally secures the ownership and full history of an item, making it far more transparent and straightforward than other currencies. This revolutionary technology enables money to be fully commoditized in a market-based, decentralized, and self-regulating system. Blockchain levels the playing field-everyone can make secure, anonymous financial transactions without any gaps in trust. Large central banks and governments are not necessary to monitor and assess the "full faith and credit" of blockchain-managed money markets, to the great benefit of the average person. Money Without Boundaries is a must-have resource for anyone interested in understanding how cryptocurrency and the applied uses of blockchain technology will change the financial system and enhance the lives of billions of people around the world. Author Thomas Anderson explains how blockchain will create a new currency guided by the market forces of supply and demand, transforming the process of buying, borrowing, and lending forever. From the history of money and the rise of cryptocurrency to how decentralized money markets compare to all other alternatives, this straightforward, reader-friendly book provides the information you need to connect old ideas of money to the new reality of blockchain technology.