DOI link for Internet currency
Internet currency book
This chapter examines the form of money in the Internet world. The core of our idea is that many quality online communities with payment functions will issue their own “Internet currencies.” Internet currency will be widely used for economic activity on the Internet, and society will revert to the state where currency issued by the central bank and that issued privately coexist. It will create new challenges to the foundations of current monetary, currency, and central banking theory.