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The End of Money: Counterfeiters, Preachers, Techies, Dreamers--And the Coming Cashless Society

The End of Money: Counterfeiters, Preachers, Techies, Dreamers--And the Coming Cashless Society Cover

 

Synopses & Reviews

Publisher Comments:

For ages, money has meant little metal disks and rectangular slips of paper. Yet the usefulness of physical money—to say nothing of its value—is coming under fire as never before. Intrigued by the distinct possibility that cash will soon disappear, author and Wired contributing editor David Wolman sets out to investigate the future of money…and how it will affect your wallet.

Wolman begins his journey by deciding to shun cash for an entire year—a surprisingly successful experiment (with a couple of notable exceptions). He then ventures forth to find people and technologies that illuminate the road ahead. In Honolulu, he drinks Mai Tais with Bernard von NotHaus, a convicted counterfeiter and alternative-currency evangelist whom government prosecutors have labeled a domestic terrorist. In Tokyo, he sneaks a peek at the latest anti-counterfeiting wizardry, while puzzling over the fact that banknote forgers depend on society's addiction to cash. In a downtrodden Oregon town, he mingles with obsessive coin collectors—the people who are supposed to love cash the most, yet don't. And in rural Georgia, he examines why some people feel the end of cash is Armageddon’s warm-up act. After stops at the Digital Money Forum in London and Iceland’s central bank, Wolman flies to Delhi, where he sees first-hand how cash penalizes the poor more than anyone—and how mobile technologies promise to change that.

Told with verve and wit, The End of Money explores an aspect of our daily lives so fundamental that we rarely stop to think about it. You’ll never look at a dollar bill the same again.

Review:

"Money is a hot topic — Wired magazine contributing editor Wolman observes that it is paradoxically something we think about 'always and never.' Tangible cash, on the other hand, is something 'we think we know.' However, Wolman believes that physical cash will soon cease to be. He explores this compelling possibility by talking with a number of fascinating characters, such as Pastor Glenn Guest of Bowman, GA, who, citing the biblical book of Revelation, believes the end of cash is the beginning of the end of the world; convicted counterfeiter Bernard von NotHaus; and Delhiite Sonu Kumar, who uses his cell phone to remotely update his State Bank of India account, a technological advancement that Wolman notes could be 'the angel of death' to the paper and coin system. Cash alternatives are already in place, whether we acknowledge or recognize them as such, and Wolman (A Left-Hand Turn Around the World) reviews a few, including Kilowatt Cards and Disney Dollars. Just as interesting is Wolman's discussion of money, culture, and poverty: is cash truly — as Ignacio Mas of the Bill and Melinda Gates Foundation claims — the 'enemy of the poor'? If cash goes away, will that really lead to financial inclusion for the world's poor? Wolman's writing is clear and thoughtful, and his use of characters and places add color and personality to this excellent investigation of a timely topic. Agent: Giles Anderson, the Anderson Literary Agency. (Feb.)" Publishers Weekly Copyright PWxyz, LLC. All rights reserved.

Book News Annotation:

Traveling the world to study the story of cash, Wired magazine contributing editor David Wolman explores the future of currency and what its imminent demise might mean for technology and people around the globe. The author talks to counterfeiters, coin collectors, bankers, and transaction technology gurus, examining the social, economic, and political ramifications of a world moving away from tangible currency. The work is engaging and well written and will appeal to general readers with an interest in the social consequences of technology. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)

Synopsis:

From Wired magazine contributing editor and award-winning journalist David Wolman—the story of the end of money as we know it

Synopsis:

The age of paper dollars and metal coins is coming to a close. In The End of Money, David Wolman introduces the people, technologies, and trends powering this shakeup, taking us to hotspots of the cashless revolution. He zooms from the cash-strapped slums of Delhi, to the tech-obsessed streets of Tokyo, to London to hobnob with digital cash gurus. Then its on to Reykjavik, where Icelanders are about to kill their national currency; Washington, to learn about high-tech counterfeiting; and Los Angeles, where scientists study our brains on cash. Along the way, Wolman examines the implications of next-generation payment innovations, investigates alternative and virtual currencies, and showcases the boon in mobile-phone banking.

As cash gets pushed toward extinction, now is the time to explore its effect on our wallets and our lives.

About the Author

David Wolman writes for Wired, Discover, Newsweek, and other magazines. His previous books are A Left-Hand Turn Around the World and Righting the Mother Tongue. He lives in Portland, Oregon. Visit: David-Wolman.com

Product Details

ISBN:
9780306818837
Publisher:
Da Capo Press
Subject:
General
Author:
Wolman, David
Subject:
General Business & Economics
Subject:
Business - General
Subject:
Business-Accounting and Finance
Edition Description:
Trade Cloth
Publication Date:
20120231
Binding:
HARDCOVER
Language:
English
Pages:
240
Dimensions:
9 x 6 in

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The End of Money: Counterfeiters, Preachers, Techies, Dreamers--And the Coming Cashless Society
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Product details 240 pages Da Capo Press - English 9780306818837 Reviews:
"Publishers Weekly Review" by , "Money is a hot topic — Wired magazine contributing editor Wolman observes that it is paradoxically something we think about 'always and never.' Tangible cash, on the other hand, is something 'we think we know.' However, Wolman believes that physical cash will soon cease to be. He explores this compelling possibility by talking with a number of fascinating characters, such as Pastor Glenn Guest of Bowman, GA, who, citing the biblical book of Revelation, believes the end of cash is the beginning of the end of the world; convicted counterfeiter Bernard von NotHaus; and Delhiite Sonu Kumar, who uses his cell phone to remotely update his State Bank of India account, a technological advancement that Wolman notes could be 'the angel of death' to the paper and coin system. Cash alternatives are already in place, whether we acknowledge or recognize them as such, and Wolman (A Left-Hand Turn Around the World) reviews a few, including Kilowatt Cards and Disney Dollars. Just as interesting is Wolman's discussion of money, culture, and poverty: is cash truly — as Ignacio Mas of the Bill and Melinda Gates Foundation claims — the 'enemy of the poor'? If cash goes away, will that really lead to financial inclusion for the world's poor? Wolman's writing is clear and thoughtful, and his use of characters and places add color and personality to this excellent investigation of a timely topic. Agent: Giles Anderson, the Anderson Literary Agency. (Feb.)" Publishers Weekly Copyright PWxyz, LLC. All rights reserved.
"Synopsis" by ,
From Wired magazine contributing editor and award-winning journalist David Wolman—the story of the end of money as we know it
"Synopsis" by ,
The age of paper dollars and metal coins is coming to a close. In The End of Money, David Wolman introduces the people, technologies, and trends powering this shakeup, taking us to hotspots of the cashless revolution. He zooms from the cash-strapped slums of Delhi, to the tech-obsessed streets of Tokyo, to London to hobnob with digital cash gurus. Then its on to Reykjavik, where Icelanders are about to kill their national currency; Washington, to learn about high-tech counterfeiting; and Los Angeles, where scientists study our brains on cash. Along the way, Wolman examines the implications of next-generation payment innovations, investigates alternative and virtual currencies, and showcases the boon in mobile-phone banking.

As cash gets pushed toward extinction, now is the time to explore its effect on our wallets and our lives.

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