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Vijay Selvam, "Principles of Bitcoin: Technology, Economics, Politics, and Philosophy" (Columbia UP, 2025)

New Books in Economics

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Bitcoin: A Modern Payment Revolution

This chapter explores the historical significance of currency stability and Bitcoin's role as a public payment network. It highlights Bitcoin's advantages over traditional payment methods, its economical international transfer capabilities, and its potential to serve the unbanked population globally. Additionally, the chapter analyzes the technical intricacies of Bitcoin, including its mining methods, energy consumption, and contributions to sustainable practices.

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