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From Bitcoin to the Brixton Pound: History and Prospects for Alternative Currencies (Poster Abstract)

  • Garrick Hileman
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 8438)

Abstract

The rise of Bitcoin has led to renewed interest in alternative currencies. While alternative currencies have regularly featured on the economic landscape over the last half-millennia we have a limited understanding of several salient questions, such as which factors explain their rise and decline. An alternative currency is considered here to be any medium of exchange other than legal tender. A new taxonomy is introduced below to more precisely define the many different types of alternative currencies and to address the disparate lexicon found in the literature. Alternative currencies can be broadly classified as either tangible (Table 1) or digital (Table 2).

Keywords

Alternative Currency Legal Tender Digital Currency Economic Landscape Token Currency 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

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    Sargent, Thomas J., Velde, François R.: The Big Problem of Small Change, Princeton Economic History of the Western World. Princeton University Press, New Jersey (2002)Google Scholar
  3. 3.
    Searle, W.G.: The Coins, Tokens and Medals of the Town. County and University of Cambridge. Cambridge Antiquarian Society, Cambridge (1871)Google Scholar
  4. 4.
    Harper, J.W.C.: Scrip and other forms of local money. Department of Economics, University of Chicago (1948)Google Scholar

Copyright information

© IFCA/Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  1. 1.London School of EconomicsLondonUK

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