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The End of Money
Book

The End of Money

Counterfeiters, Preachers, Techies, Dreamers – and the Coming Cashless Society

David Wolman
Da Capo Press, 2012

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Editorial Rating

7

Qualities

  • Comprehensive
  • Eloquent

Recommendation

Thanks to credit cards, PayPal, online bill paying and other developments, cash is becoming increasingly passé. Wired editor David Wolman examines all aspects of money to explain why physical currency may be a concept whose time has passed. Though the end of cash may not seem likely at present, getAbstract recommends his take on electronic currency to all those who seek a better understanding of the future direction of money.

Take-Aways

  • Using forms of money as a means of exchange is an ancient concept. In the past, people used feathers and tobacco as currency.
  • In circa AD 800, the Chinese were the first to print paper money.
  • Banknotes and coins remain the most common forms of legal tender.

About the Author

David Wolman is a contributing editor for Wired. A former Fulbright journalism scholar in Japan, he has written for The New York Times, The Wall Street Journal, Time and Nature.

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