UNGOVERNED OR ANTI-GOVERNANCE? HOW BITCOIN THREATENS THE FUTURE OF WESTERN INSTITUTIONS.

As the value of bitcoins cannot be strategically manipulated by an issuer to affect trade and production, Bitcoin is attractive as a store of value. It may therefore impact the future of state currencies, particularly the US dollar, as safe havens and even as reserve currencies. Furthermore, Bitcoin...

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Publicado en:Journal of International Affairs Vol. 71; no. 2; pp. 90 - 103
Autor principal: O'Sullivan, Andrea
Formato: Artículo
Publicado: Journal of International Affairs Spring/Summer2018
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: UNGOVERNED OR ANTI-GOVERNANCE? HOW BITCOIN THREATENS THE FUTURE OF WESTERN INSTITUTIONS.
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        au: O'Sullivan, Andrea
        affil: Feature writer for The Bridge at the Mercatus Center at George Mason University
      su:
        Business
        Production (Economic theory)
        Bitcoin
        Hard currencies
        Finance
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        subj:
          Business
          Production (Economic theory)
          Bitcoin
          Hard currencies
          Finance
      ab: As the value of bitcoins cannot be strategically manipulated by an issuer to affect trade and production, Bitcoin is attractive as a store of value. It may therefore impact the future of state currencies, particularly the US dollar, as safe havens and even as reserve currencies. Furthermore, Bitcoin allows individuals to transfer value independently of established monetary and trade controls. It may therefore undermine dominant methods of controlling social behaviors by controlling financial behaviors, such as capital controls and prohibitions against money laundering.
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    language: English
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