On blockchains, cryptos, and media of exchange. Not there (yet)
Ever since the inception of the blockchain technology and bitcoin (Nakamoto, 2009), the first and foremost of so-called cryptocurrencies, the prospect within the 'crypto' community has been one of growing decentralisation and an impending threat to traditional monetary policy and its legal...
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2021 |
| País: | España |
| Institución: | Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| Repositorio: | Recercat. Dipósit de la Recerca de Catalunya |
| OAI Identifier: | oai:recercat.cat:20.500.12328/4118 |
| Acceso en línea: | http://hdl.handle.net/20.500.12328/4118 https://dx.doi.org/10.1504/IJIPM.2021.113359 |
| Access Level: | acceso abierto |
| Palabra clave: | Blockchain Bitcoin Cryptos Diners Descentralització Criptos Dinero Descentralización Money Decentralisation 33 |
| Sumario: | Ever since the inception of the blockchain technology and bitcoin (Nakamoto, 2009), the first and foremost of so-called cryptocurrencies, the prospect within the 'crypto' community has been one of growing decentralisation and an impending threat to traditional monetary policy and its legal monopoly. Here we discuss the potential use of bitcoin and other competing 'cryptos' as media of exchange and argue that we are still far from seeing a dethroning of major currencies, in spite of the undermining effect that cryptos might have on monetary policy and central banking. |
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