Martin Vander Weyer

Cable Transfers

Wildcat Currency: How the Virtual Money Revolution Is Transforming the Economy

By

Yale University Press 265pp £17.99 order from our bookshop

This book is about the virtual or ‘wildcat’ currencies used in online games and payment systems, and how they might one day gain equality with the government-sponsored currencies of the ‘real’ world, or even supersede them. It’s a thesis that will appeal most to those who – like Edward Castronova, a professor of telecommunications and cognitive science at Indiana University and ‘an expert on the economies of virtual worlds’ – are already convinced that online gaming is at least as worthwhile a way of spending your day as, say, reading books or making things to sell. Those like your reviewer who have not yet made that leap of imagination will find it more problematic or even, I dare say, a touch tiresome. 

Sign Up to our newsletter

Receive free articles, highlights from the archive, news, details of prizes, and much more.

Follow Literary Review on Twitter

  • Last Tweets

    • 'The erecting and immediate destruction of a series of straw men rather detracts from what is for the most part an… ,
    • RT : A magnificent demolition job on this "acid laced tirade...unpleasantly self-obsessed...self pitying polemic...book… ,
    • 'Seventy years on, the time we have left to gather such first-hand testimony is running out.' John Keay on the sig… ,
    • The author 'seethes with contemptuous indignation at the shiny junk that an unregulated construction industry dumps… ,
    • 'The physical courage he demonstrated as a young man [...] gave way to intellectual power; radical thought, gifted… ,
    • 'While Jane Austen didn’t perhaps achieve the full recognition that she deserved in her lifetime, even then she out… ,
    • 'All I have is a voice To undo the folded lie, The romantic lie in the brain Of the sensual man-in-the-street And t… ,