Full Description
Ordinary people can now create engaging and remunerative activities on platforms in the cloud. These activities can coexist harmoniously with traditional financial relationships, broadening economic inclusion and fostering upward mobility. The book examines how individuals with minimal computer skills can access financial services and manage money that is both invisible and untraceable. It shows how cloud-based financial platforms can facilitate economic activity in remote areas, boosting employment without attracting regulatory attention. This new, low-profile financial activity weakens the grip of repressive governments over citizens' lives, opening paths to economic empowerment.
Unique and disruptive, this book is essential reading for anyone trying to understand the complexities of modern finance and the transformative potential of emerging technologies. Whether you're a seasoned investor, a financial professional, or simply curious about the future of money and its potential to transform societies, this book offers valuable insights and practical knowledge to navigate the evolving financial landscape.
Contents
Preamble: Overlapping Financial Worlds
First Section: Financial Assets Emerge, Become the Accelerant of Wealth Creation, and then Become the Modern Measure of Wealth
Chapter 1 Financial Assets Emerge. The New Genie: Surges of Growth and Sudden Tumbles.
Chapter 2. How the World Arrived at the Traditional Financial System
Chapter 3. Defects of the Traditional Financial System
Chapter 4. Envisioning the Untapped Potential for Broader Access to Financial Services
Chapter 5. Population, Employment, Migration, and Assimilation
Second Section: The Parallel Financial Economy
Chapter 6. Digital Money
Chapter 7. Growing Pains and Governance Defects
Chapter 8. Platforms Pop Up by the Thousands
Chapter 9. Macro Effects: The Paradox of Composition
Chapter 10. Financial Intermediary That Will Not Fail and A National Financial System That Will Not Crash
Chapter 11. Building Blocks of a New Financial Architecture
Chapter 12. Keeping One's Money Safe
Chapter 13. Secrecy, Privacy, and Anonymity
Third Section: Broad Implications: Bringing the Cybercurrency World in the Cloud into Constructive Contact with the Physical World
Chapter 14. Traditional and New Systems Alongside Each Other: Coexistence, Not Conflict
Chapter 15. Combining Innovations to Align Objectives, Address the Needs of All Individuals, and Transcend National Identity
Chapter 16. Decentralization, Anonymity, and Transcending the National Restrictions
Chapter 17. Overlaying Parallel Associations on Traditional Political Entities
