{"id":14918,"date":"2011-05-20T15:35:34","date_gmt":"2011-05-20T13:35:34","guid":{"rendered":"https:\/\/mamchenkov.net\/wordpress\/?p=14918"},"modified":"2011-05-20T15:35:34","modified_gmt":"2011-05-20T13:35:34","slug":"the-end-of-currency","status":"publish","type":"post","link":"https:\/\/mamchenkov.net\/wordpress\/2011\/05\/20\/the-end-of-currency\/","title":{"rendered":"The end of currency"},"content":{"rendered":"<!-- google_ad_section_start -->\n<p><a href=\"http:\/\/techcrunch.com\/2011\/05\/20\/bitcoin-ven-and-the-end-of-currency\/\">TechChrunch<\/a> has a nice post covering the developments and ideas in the area of digital money. \u00a0Even though most of the discussed is far from being practical today, the ideas and the progress are still fascinating.<\/p>\n<blockquote><p>Virtual currencies are in the\u00a0<a href=\"http:\/\/gigaom.com\/2011\/05\/16\/how-bitcoin-wants-to-make-money-even-more-virtual\/\">news<\/a> again with all the\u00a0<a href=\"http:\/\/www.techmeme.com\/110517\/p74#a110517p74\">discussion<\/a> around<a href=\"http:\/\/www.bitcoin.org\/\">Bitcoins<\/a>, which is limited in supply and can be exchanged anonymously. Our own long experience with another digital currency, Ven, has made us think about the logical conclusion of these activities, and what it means for money at large.\u00a0 And what it means is the end of money as we know it.<\/p><\/blockquote>\n<!-- google_ad_section_end -->\n","protected":false},"excerpt":{"rendered":"<!-- google_ad_section_start -->\n<p>TechChrunch has a nice post covering the developments and ideas in the area of digital money. \u00a0Even though most of the discussed is far from being practical today, the ideas and the progress are still fascinating. Virtual currencies are in the\u00a0news again with all the\u00a0discussion aroundBitcoins, which is limited in supply and can be exchanged &hellip; <a href=\"https:\/\/mamchenkov.net\/wordpress\/2011\/05\/20\/the-end-of-currency\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">The end of currency<\/span><\/a><\/p>\n<!-- google_ad_section_end -->\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[1,62,1334],"tags":[1593,1177,1336,123,586],"keyring_services":[],"class_list":["post-14918","post","type-post","status-publish","format-standard","hentry","category-general","category-technology","category-web-work","tag-economy","tag-finance","tag-inspiration","tag-money","tag-p2p"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":21507,"url":"https:\/\/mamchenkov.net\/wordpress\/2014\/04\/11\/the-university-of-nicosia-launches-the-bitcoin-course\/","url_meta":{"origin":14918,"position":0},"title":"The University of Nicosia launches the Bitcoin course","author":"Leonid Mamchenkov","date":"April 11, 2014","format":"link","excerpt":"The University of Cyprus launches the Bitcoin course \u00a0 THE University of Nicosia (UNIC) has launched a six week, free and open enrolment online course called \"Introduction to Digital Currencies\", aimed at anyone wishing to gain a greater understanding of the fundamentals of bitcoin and digital currency in general. The\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"unic-bitcoin1","src":"https:\/\/i0.wp.com\/mamchenkov.net\/wordpress\/wp-content\/uploads\/2014\/04\/unic-bitcoin1-500x311.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":18308,"url":"https:\/\/mamchenkov.net\/wordpress\/2013\/06\/04\/bitcoin-is-a-money-platform-with-many-apis\/","url_meta":{"origin":14918,"position":1},"title":"Bitcoin is a money platform with many APIs","author":"Leonid Mamchenkov","date":"June 4, 2013","format":"link","excerpt":"Bitcoin is a money platform with many APIs Bitcoin is much more than just a digital currency. It is a protocol, a network, a currency and a transaction language. Most of all, though, it is an application programming interface (API) for money. Nowadays, bathroom scales and fridges have APIs, so\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18932,"url":"https:\/\/mamchenkov.net\/wordpress\/2013\/12\/10\/central-bank-of-cyprus-says-bitcoin-is-dangerous-really\/","url_meta":{"origin":14918,"position":2},"title":"Central Bank of Cyprus says Bitcoin is dangerous.  Really?","author":"Leonid Mamchenkov","date":"December 10, 2013","format":false,"excerpt":"Mostly, I don't really care what Central Bank of Cyprus \u00a0(CBC)thinks. \u00a0But sometimes, even I have to raise an eyebrow and say \"Really?\". \u00a0So happened once again today, when I read this bit in Cyprus Mail: The Central Bank (CBC) has said use of virtual currency bitcoin is extremely dangerous,\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29183,"url":"https:\/\/mamchenkov.net\/wordpress\/2019\/01\/06\/swap-currency-exchange-rates-library\/","url_meta":{"origin":14918,"position":3},"title":"Swap &#8211; currency exchange rates library","author":"Leonid Mamchenkov","date":"January 6, 2019","format":false,"excerpt":"Swap is a currency exchange rates library for PHP. It provides a single interface to conveniently work with currency exchange rates and integrates with more than a dozen of different exchange rates providers.","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14776,"url":"https:\/\/mamchenkov.net\/wordpress\/2011\/04\/20\/day-in-brief\/","url_meta":{"origin":14918,"position":4},"title":"Day in brief","author":"Leonid Mamchenkov","date":"April 20, 2011","format":false,"excerpt":"Shared: IPv6 http:\/\/bit.ly\/gpfz1i # Shared: Temperatures to fall this week http:\/\/bit.ly\/fqO2T9 # GitHub: mamchenkov opened issue 5 on mamchenkov\/Currency-Update http:\/\/bit.ly\/fzOS9h # GitHub: mamchenkov opened issue 4 on mamchenkov\/Currency-Update http:\/\/bit.ly\/h8Uhr8 # GitHub: mamchenkov opened issue 3 on mamchenkov\/Currency-Update http:\/\/bit.ly\/gMQgC6 # GitHub: mamchenkov opened issue 2 on mamchenkov\/Currency-Update http:\/\/bit.ly\/fbYZmB # GitHub: mamchenkov\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28429,"url":"https:\/\/mamchenkov.net\/wordpress\/2018\/03\/12\/money-php-library-to-make-working-with-money-safer-easier-and-fun\/","url_meta":{"origin":14918,"position":5},"title":"money &#8211; PHP library to make working with money safer, easier, and fun","author":"Leonid Mamchenkov","date":"March 12, 2018","format":false,"excerpt":"money is a PHP library that implements Martin Fowler's design pattern for money.\u00a0 See the official documentation and this blog post for more information. Some of the issues addresses by this library are the binding of the money amount to the currency, and currency conversion operations.\u00a0 If your code needs\u2026","rel":"","context":"In &quot;All&quot;","block_context":{"text":"All","link":"https:\/\/mamchenkov.net\/wordpress\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/posts\/14918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/comments?post=14918"}],"version-history":[{"count":0,"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/posts\/14918\/revisions"}],"wp:attachment":[{"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/media?parent=14918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/categories?post=14918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/tags?post=14918"},{"taxonomy":"keyring_services","embeddable":true,"href":"https:\/\/mamchenkov.net\/wordpress\/wp-json\/wp\/v2\/keyring_services?post=14918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}