A History of Digital Currency in the United States New Technology in
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 cri
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Palgrave Advances in the Economics of Innovation and Technology Series Editor Albert N. Link Greensboro, North Carolina, USA
The focus of this series is on scholarly inquiry into the economic foundations of technologies and the market and social consequences of subsequent innovations. While much has been written about technology and innovation policy, as well as about the macroeconomic impacts of technology on economic growth and development, there remains a gap in our understanding of the processes through which R&D funding leads to successful (and unsuccessful) technologies, how technologies enter the market place, and factors associated with the market success (or lack of success) of new technologies. This series considers original research into these issues. The scope of such research includes in-depth case studies; cross-sectional and longitudinal empirical investigations using project, firm, industry, public agency, and national data; comparative studies across related technologies; diffusion studies of successful and unsuccessful innovations; and evaluation studies of the economic returns associated with public investments in the development of new technologies.
More information about this series at http://www.springer.com/series/14716
P. Carl Mullan
A History of Digital Currency in the United States New Technology in an Unregulated Market
P. Carl Mullan Digital Currency Intelligence Authority Ltd. White Stone, Virginia, USA
Palgrave Advances in the Economics of Innovation and Technology ISBN 978-1-137-56869-4 ISBN 978-1-137-56870-0 (eBook) DOI 10.1057/978-1-137-56870-0 Library of Congress Control Number: 2016957648 © The Editor(s) (if applicable) and The Author(s) 2016 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover image © A-Digit / DigitalVision Vectors Collection, Getty Images. Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Nature America Inc. The register
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