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An ambitious Stanford sophomore develops a stablecoin that would forever change the meaning of money. What's a stablecoin? Do Moon, with his genius algorithm that stabilizes fluctuating cryptocurrency prices, designs a digital money that could be used like a US dollar. No, it's actually more than that. Do dreams of replacing all of the world's fiat currency with his coin. This novel is inspired by true events - the meteoric rise and fall of Luna-Terra. It was the largest and the first functioning stablecoin purely based on a computer algorithm - until it stopped functioning. People lost money,…mehr

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Produktbeschreibung
An ambitious Stanford sophomore develops a stablecoin that would forever change the meaning of money. What's a stablecoin? Do Moon, with his genius algorithm that stabilizes fluctuating cryptocurrency prices, designs a digital money that could be used like a US dollar. No, it's actually more than that. Do dreams of replacing all of the world's fiat currency with his coin. This novel is inspired by true events - the meteoric rise and fall of Luna-Terra. It was the largest and the first functioning stablecoin purely based on a computer algorithm - until it stopped functioning. People lost money, pensions, and even lives. From Korean Army to Stanford, Do Moon was once a boy wonder of Silicon Valley and the cryptocurrency scene. After his great experiment failed, however, he is now a fugitive. Or was it just a scheme from the beginning? While a huge stream of news has covered his rise and fall, none has yet explored his origins and stories. North Koin sheds a light on the character of this once highly successful and now controversial genius.
Autorenporträt
Ku Harvey is the author of the national bestselling novel Harbird-22 trilogy, originally produced in Korean language. He received his master's degree from Harvard and bachelor's degree with the highest honors from Berkeley. Previously, he was a graduate student in cognitive linguistics and a winner of the Robert J. Glushko Prize.