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  • © 2016

A History of Digital Currency in the United States

New Technology in an Unregulated Market

Palgrave Macmillan

Authors:

  • 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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Hardcover Book USD 129.99
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Table of contents (11 chapters)

  1. Front Matter

    Pages i-vii
  2. Introduction

    • P. Carl Mullan
    Pages 1-18
  3. E-gold

    • P. Carl Mullan
    Pages 19-86
  4. The Liberty Dollar and Bernard von NotHaus

    • P. Carl Mullan
    Pages 87-109
  5. E-Bullion and Mr. James Fayed

    • P. Carl Mullan
    Pages 111-152
  6. Crowne Gold

    • P. Carl Mullan
    Pages 153-170
  7. Liberty Reserve

    • P. Carl Mullan
    Pages 171-196
  8. IntGold

    • P. Carl Mullan
    Pages 197-204
  9. OSGold

    • P. Carl Mullan
    Pages 205-228
  10. GoldMoney

    • P. Carl Mullan
    Pages 229-243
  11. WebMoney Transfer

    • P. Carl Mullan
    Pages 245-260
  12. New FinCEN Rules

    • P. Carl Mullan
    Pages 261-272
  13. Back Matter

    Pages 273-278

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.

Authors and Affiliations

  • Digital Currency Intelligence Authority Ltd., White Stone, USA

    P. Carl Mullan

About the author

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. 

Bibliographic Information

Buy it now

Buying options

eBook USD 79.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 99.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access