Issues raised by monetary theory concerning bitcoin and cryptocurrencies

.

Chapter 10 in The Political Economy and Feasibility of Bitcoin and Cryptocurrencies, 2022, pp 218-232 from Edward Elgar Publishing

Abstract: In terms of the quality of money, bitcoin/cryptocurrency enthusiasts are largely correct ‚Ä" they may be or become a better form of money and could replace sovereign fiat currencies. The major unresolved controversies are and no doubt will be over who should control the quantity of money; the source of capitalist economic instability; the main threat to freedom and liberties ‚Ä" governments in general or concentrated private labour command/wealth-holders and their enterprises; and the threat posed by the U.S state in particular, issuer of the world's major universal equivalent, the U.S dollar. For various reasons, politics regarding the political economy and feasibility of bitcoin and cryptocurrencies make for and most likely will continue to make for strange bedfellows.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/9781803920931.00019.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:21454_10

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().