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Ending Cash » (1st Edition)

Book cover image of Ending Cash by David R. Warwick

Authors: David R. Warwick
ISBN-13: 9781567202397, ISBN-10: 156720239X
Format: Hardcover
Publisher: Greenwood Publishing Group, Incorporated
Date Published: November 1998
Edition: 1st Edition

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Author Biography: David R. Warwick

DAVID R. WARWICK is an investor, researcher, and writer living in Santa Rosa, CA.

Book Synopsis

A provocative critique of America's cash money system and a powerful argument for replacing it with a cashless new system of federal electronic currency.

Booknews

A lawyer turned investor and entrepreneur, Warwick argues that the private sector is not moving fast enough toward an all- electronic economy and so the US government must take the lead by replacing its paper and metal with federal electronic currency. The cost reductions he sees include reduced crime and not having to print and mint money. He also discusses such matters as privacy, security, and convenience. Annotation c. by Book News, Inc., Portland, Or.

Table of Contents

Preface
Abbreviations
Introduction1
1Cash is Killing us7
2Where is the Rising Usage of Electronic Money Taking Us?13
3Replacing Cash with Electronic Money45
4Federal or Private Currencies?55
5Federal Electronic Currency (FEDEC)75
6Benefits of a Federal Electronic Currency System97
7Privacy in an Electronic Currency System125
8Practical Considerations about Federal Electronic Currency147
9The Technical Components163
10How Federal Electronic Currency might Impact the Banking and Bankcard Industries179
Conclusion185
Notes191
Selected Bibliography203
Index205

Subjects