What is it about?
It is about the challenge brought by cryptocurrencies to fiat money, namely the money we are now used to knowing, controlled by a state monopoly. Cryptocurrencies might lead to the return to the past, whereby private moneys were competing with each other, and this resulted in a much more stable global monetary framework.
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Why is it important?
It is important because this might end up being THE fight of our age, defining how democracies will look like in the space of our and our children's lifetime
Perspectives
We will have to closely monitor the development of this clash. The article provides the coordinates to closely follow and understand the evolution and pick up the signals of where it is headed.
Prof Riccardo de Caria
Universita degli Studi di Torino
Read the Original
This page is a summary of: Blockchain-Based Money as the Ultimate Challenge to Sovereignty, European Journal of Comparative Law and Governance, June 2019, Brill,
DOI: 10.1163/22134514-00602004.
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