Books by Robert M. Townsend

2. Robert Townsend, Distributed Ledgers: Design and Regulation of Financial Infrastructure and Payment Systems . Bitcoin and crypto yes, but the more fundamental concept in this book is…distributed ledgers, which include Thai rice allocation schemes and Mesopotamia circa 4000 B.C.  It is highly intelligent and well done, but somehow I think books like this work better when they are more speculative and future-oriented.