Palgrave Advances in the Economics of Innovation and Technology

A History of Digital Currency in the United States

New Technology in an Unregulated Market

Authors: Mullan, P. Carl

  • Distills hundreds of hours of interviews with the creators and operators of early businesses
  • Examines legal and operational issues companies faced in the nascent digital currency industry
  • Profiles nine early companies, only two of which survive today
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eBook $99.00
price for USA (gross)
  • ISBN 978-1-137-56870-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-1-137-56869-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book presents detailed case studies of the first commercial internet digital currency systems developed between 1996 and 2004. Transactions completed with the new technology circumvented all US financial regulations, an opening that transnational criminals exploited. Mullan explains how an entire industry of companies, agents, and participants turned a blind eye to crimes being committed in this unsupervised environment. He then tracks the subsequent changes made to US regulations that now prevent such unlicensed activity, illustrating the importance of supervising products and industries that arise from new disruptive technology. This book distills hundreds of hours of interviews with the creators and operators of early digital currency businesses to create detailed case studies of their practices.

About the authors

P. Carl Mullan is a 15-year veteran of the digital currency industry. He runs a consulting firm, the Digital Currency Intelligence Authority Ltd., and regularly writes about the business. Mullan splits his time between Portland, Oregon, and his residences in Central America. This book is his second for Palgrave Macmillan on digital currency and his fourth book related to private currency systems. 

Table of contents (11 chapters)

Buy this book

eBook $99.00
price for USA (gross)
  • ISBN 978-1-137-56870-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-1-137-56869-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
A History of Digital Currency in the United States
Book Subtitle
New Technology in an Unregulated Market
Authors
Series Title
Palgrave Advances in the Economics of Innovation and Technology
Copyright
2016
Publisher
Palgrave Macmillan US
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-56870-0
DOI
10.1057/978-1-137-56870-0
Hardcover ISBN
978-1-137-56869-4
Edition Number
1
Number of Pages
VII, 278
Number of Illustrations and Tables
3 b/w illustrations
Topics