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Currency Design For Social Networks

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Jon Matonis

The Monetary Future

Published : March 14th, 2010

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I recently completed this presentation on virtual currency issuance and management. As never before, the virtual world and gaming environments are providing incredible opportunities for the nonpolitical digital currency ecosystem. While private currency issuers tepidly begin to circulate beyond the in-world environments, it creates a set of economic and legal considerations that may give rise to a form of "virtual" central banking. Undoubtedly, this will have implications for corporate revenue and profitability models, not to mention being a distinct challenge to the government-issued political currencies.

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Currency Design For Social Networks

Jon Matonis

The Monetary Future

Jon Matonis is an Austrian School economist focused on expanding the circulation of nonpolitical digital currencies. He argues that what is about to happen in the world of money is nothing less than the birth of a new Knowledge Age industry: the development, issuance, and management of private currencies.

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Jon Matonis is an Austrian School economist focused on expanding the circulation of nonpolitical digital currencies. He argues that what is about to happen in the world of money is nothing less than the birth of a new Knowledge Age industry: the development, issuance, and management of private currencies.

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