Crypto Economy: How Blockchain, Cryptocurrency, and Token-Economy Are Disrupting the Financial World

In late 2008, under the long shadow cast by the most severe economic crisis in generations, a revolutionary new form of currency was quietly being shaped. At the time no one could have predicted that an obscure form of electronic money would in less than a decade prove to be the most important financial innovation of the 21st century—a tool that would spark an entire new economic institution: crypto economy.

That once-obscure money was known as Bitcoin, and today it is the highest valued di...