30 May '12, 9pm

IEEE

A Special Report on the Future of Money ////// The Last Days of Cash How E-Money Technology is Plugging us into the Digital Econony Posted May 30 2012 The Beginning of the End of Cash Cash’s role is waning, as mobile, encryption, and other technologies let us plug directly into the digital economy A Brief History of Money Or, how we learned to stop worrying and embrace the abstraction Interactive Timeline: The Evolution of Modern Money Over the ages, money has become more abstract, virtual, and digital Bitcoin: The Cryptoanarchists’ Answer to Cash How Bitcoin brought privacy to electronic transactions How a Bitcoin Transaction Works See how payments get made and processed in an interative infographic of the peer-to-peer money system There’s No Stopping the Rise of E-Money The economic and psychological underpinnings of hard money are weakening while the flexibility of e-mo...

Full article: http://spectrum.ieee.org/static/future-of-money

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Bitcoin: The Cryptoanarchists’ Answer to Cash #...

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There’s No Stopping the Rise of E-Money

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