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Wildcat Currency
How the Virtual Money Revolution Is Transforming the Economy

Edward Castronova

Private currencies have always existed, from notes printed by individual banks to the S&H Green Stamps to Bitcoin. Today’s economy has seen an explosion of new forms of monetary exchange not created by the federal government. Credit card companies offer points that can be traded in for a variety of goods and services, from airline miles to online store credit. Online game creators have devised new mediums of electronic exchange that turn virtual money into real money. Meanwhile, real money is increasingly going digital, where it competes with  private currencies like Bitcoin. The virtual and the real economic worlds are intermingling more than ever before, raising the possibility that this new money might eventually replace the government-r...


2014   288 pp.   -   Cloth ISBN: 9780300186130  $30.00
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The App Generation
How Today's Youth Navigate Identity, Intimacy, and Imagination in a Digital World
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The Bet
Paul Ehrlich, Julian Simon, and Our Gamble over Earth's Future
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The Danube
A Journey Upriver from the Black Sea to the Black Forest
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If Mayors Ruled the World
Dysfunctional Nations, Rising Cities
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The Snail Darter and the Dam
How Pork-Barrel Politics Endangered a Little Fish and Killed a River
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Who Speaks for the Negro?
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Famine Politics in Maoist China and the Soviet Union
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The Passage to Europe
How a Continent Became a Union
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A Vindication of the Rights of Woman
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Gathering Together
The Shawnee People through Diaspora and Nationhood, 1600–1870
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The Declaration of Independence in Historical Context
American State Papers, Petitions, Proclamations, and Letters of the Delegates to the First National Congresses
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The Bigot
Why Prejudice Persists
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Breaking Democracy's Spell
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A Mere Machine
The Supreme Court, Congress, and American Democracy
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Stumbling Giant
The Threats to China's Future
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Sustainable Lifestyles and the Quest for Plenitude
Case Studies of the New Economy
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The Great War and the Twentieth Century
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Originalism, Federalism, and the American Constitutional Enterprise
A Historical Inquiry
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Philosophy of Economy
The World as Household
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Run of the Red Queen
Government, Innovation, Globalization, and Economic Growth in China
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