Cybercash

Cybercash refers to the creation and circulation of online money. The author applies economic analysis to this new form of electronic money to understand how it will enable the internet to re-establish itself as the dynamic centre of the new economy and how this new money form will become the dominant payment mechanism rivalling cash, paper cheques or credit cards. This will be the first book to look at the coming era of electronic money within the broader context of the economy.

'Professor Guttmann's book on Cybercash provides a brilliant, clear and complete presentation of the Internet revolution in the fields of money and finance. This original and highly readable book takes us into the heart of virtual capitalism. The author makes a convincing case that Cybercash will have profound effects on our daily operations while presenting a challenge for banks and public policy makers alike.' - Professor Dominique Plihon, Paris Nord University, France, and Member of the Council of Economic Analysis attached to the Prime Minister

'Robert Guttmann's Cybercash is a highly original account of online money and what it will mean to our economy and culture. It is accessible, 'savant', and well written. This book will fascinate all social scientists interested in money and all those who want to know about the internet's dramatic impact during this century.' - Serge Moscovici, Directeur d'Etudes, Ecole des Hautes Etudes en Sciences Sociales, Paris, France, and former Professor of Social Psychology, Graduate Faculty, New School for Social Research, New York, USA

'Guttmann predicts that within a decade varying forms of electonic money will largely replace paper money...' - Lawrence R. Maxted, Library Journal

Autorentext
Robert Guttman isProfessor of Economics at Hofstra University, USA

Inhalt
PART 1: MONEY AND THE INTERNET Electronic Money The Monetary Regime in Transition The Internet Revolution PART 2: THE COMPLEXITIES OF CYBERCASH Money as Software Three Generations of Cybercash Managing Online Money PART 3: THE INTERNET-BASED ECONOMY Virtual Capitalism Cyberspace and Public Policy