{"product_id":"crypto-asset-investing-in-the-age-of-autonomy-hardback-9781119705369","title":"Crypto Asset Investing in the Age of Autonomy (Hardback) 9781119705369","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eCrypto Asset Investing in the Age of Autonomy\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eJake Ryan (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781119705369, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 25 February 2021\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e304 pages\u003cbr\u003e23.1 x 15.8 x 4.1 cm, 0.59 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eCompetition, the drive for efficiency, and continuous improvement ultimately push businesses toward automation and later towards autonomy. If a business can operate without human intervention, it will minimize its operational cost. If Uber can remove the expense of a driver with an autonomous vehicle, it will provide its service cheaper than a competitor who can’t. If an artificially intelligent trading company can search, find, and take advantage of some arbitrage opportunity, then it can profit where its competitors cannot. A business that can analyze and execute in real-time without needing to wait for a human to act, is a business that will be able to take advantage of brief inefficiencies from other markets or businesses.\u003c\/p\u003e \u003cp\u003eThis trend following a thesis that is based on 100 years of proven economic theory. Short-wave economic cycles, those 5- to 10-year cycles, are driven by credit but the long-wave economic cycles, those 50- to 60-year cycles, are driven by technological revolution. We’ve had 5 cycles over the past 200 years with the last wave, the Age of Information \u0026amp; Telecommunications.\u003c\/p\u003e \u003cp\u003eWe've seen evidence that a new cycle has begun. Technological revolutions come by way of a cluster of new innovations. About a decade ago, you started to see AI, robotics and IoT (sensors) delivering on automation. That’s been powerful, but not transformational. It does not force businesses to fundamentally change how they do business. The last piece of the puzzle was cryptocurrency because it allows us to process and transfer economic value without human intervention. Soon, there will be a global race to build autonomous operations. Businesses and organizations without autonomous operations simply will not be able to compete with those that do because … autonomy is the ultimate competitive advantage.\u003c\/p\u003e \u003cp\u003eCrypto is the mechanism that will accrue value from being the infrastructure for the next digital financial revolution. \u003ci\u003eCrypto Asset Investing\u003c\/i\u003e lays out a case that we’ve begun a new technological revolution similar to the Internet Age of the 1990’s. Artificial intelligence, the Internet of Things, robotics and cryptocurrency are converging to deliver on a new age, what I call the Age of Autonomy. Understanding the transformation that’s taken place before anyone else can yield enormous investment opportunity. In this book, you’ll learn how and why to invest in crypto assets.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eAcknowledgments vii\u003c\/p\u003e \u003cp\u003eAuthor’s Note ix\u003c\/p\u003e \u003cp\u003eIntroduction – Why This Book and Why Now xi\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I The History of Economic Cycles and Monetary Policy 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 The Fed and You: A Brief History 3\u003c\/p\u003e \u003cp\u003e2 Understanding Economic Cycles 16\u003c\/p\u003e \u003cp\u003e3 The Long-wave Economic Cycle 27\u003c\/p\u003e \u003cp\u003e4 Safe is the New Risky 35\u003c\/p\u003e \u003cp\u003e5 Credit and Commodity Currencies 43\u003c\/p\u003e \u003cp\u003e6 The Fall of Credit Money and the Rise of Multicurrencies 56\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II The Rise of Blockchain and the Age of Autonomy 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7 A Digital Commodity: Bitcoin as Digital Gold 81\u003c\/p\u003e \u003cp\u003e8 Blockchains 100\u003c\/p\u003e \u003cp\u003e9 The Age of Autonomy 117\u003c\/p\u003e \u003cp\u003e10 Clusters of Innovation in the Age of Autonomy 130\u003c\/p\u003e \u003cp\u003e11 The Case for Investing in Crypto Assets 141\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Crypto Investment Strategies 155\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e12 A Primer on Crypto Asset Investing 157\u003c\/p\u003e \u003cp\u003e13 Quantitative Analysis Frameworks 176\u003c\/p\u003e \u003cp\u003e14 Understanding Crypto Asset Classes 198\u003c\/p\u003e \u003cp\u003e15 Investment Themes 209\u003c\/p\u003e \u003cp\u003e16 Building an Investment System 223\u003c\/p\u003e \u003cp\u003eNotes 245\u003c\/p\u003e \u003cp\u003eFurther Reading and Resources 255\u003c\/p\u003e \u003cp\u003eAppendix 259\u003c\/p\u003e \u003cp\u003eIndex 265\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52173688340760,"sku":"9781119705369","price":22.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781119705369_350053.jpg?v=1781167126","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/crypto-asset-investing-in-the-age-of-autonomy-hardback-9781119705369","provider":"Freshly Printed Books","version":"1.0","type":"link"}