BLOCK55 a Novel that contains a whitepaper to a new form of currency

[Nadine000]

I received from a friend the book "Block55" by Michael Marcovici, I found him, the author, also participating in an ICO this year. However there is an interesting whitepaper included in the book that describes a cryptocurrency that works like credit money, does anyone know this book and has evaluated the whitepaper, it sounds very interesting actually.

[1714933991]

1714933991

[NewWorldCoiner]

I've never heard of him or his book, but apparently he's an artist well known for taking the piss, as well as running some sort of fund from the Cayman Islands, out of reach of the taxman. I suspect that this is another one of his "jokes".

https://www.techdirt.com/articles/20140929/08500728662/new-company-claims-it-uses-algorithms-to-create-content-faster-than-creators-can-making-all-future-creations-infringing.shtml

http://www.artmarcovici.com/

https://translate.google.co.uk/translate?hl=en&sl=de&u=https://de.wikipedia.org/wiki/Michael_Marcovici&prev=search

And please, no more spamming. Nobody has time for spammers.

[Nadine000]

Why would that be spam ? I did not ask anyone to purchase the book or alike or know the author.

The book contains an interesting concept of what is called there crypto credit money, I have not seen other currencies build in this way and I wanted to see if anyone here knows the book or the concept.
Its some type of borrowing against assets and creating a new currency with a fractional reserve just the way banks do it. I am an economist myself but not a big expert in cryptocurrencies thats why I reached out, if I posted in the wrong section then sorry, just let me know what would then be the right place.