Home The challenge of the institutionalisation of cryptocurrencies

GEAB 127

The monthly bulletin of LEAP (European Laboratory of Political Anticipation) - 15 Sep 2018

The challenge of the institutionalisation of cryptocurrencies

While the wave of buzz and hype around cryptocurrencies, or virtual currencies, is running out of steam among people in general,[1] the movement that has emerged remains robust. The versatility of the technology, its deployment in a digital context which can quickly reach millions of people, its potentially anonymous character and the place it could take in the global financial system, cause people to dream or to tremble depending on the circumstances and the role that they have.

The dream, for many, is nourished by the fact that this network is full of innovation[2], promises of fluidification of society, disintermediation… It attracts a large number of investors from all directions; from financial institutions to individual citizens attracted by its potential uses and/or price volatility.

This technology promises a new world based on what we could call an augmented transaction; one which carries within itself the legal and contractual characteristics of a peer-to-peer transaction that relates to services or goods used or acquired in real life or the virtual world.[3]

Comments

To leave a comment sign up now
Contents

The multi-polarisation of the planet is currently going through a bipolarisation phase, something we anticipated in 2009, if Europe could not reposition itself intelligently, taking clear account of the great [...]

Europe’s out-of-time love for low-cost air carriers Europe is in love with low-cost air transport. Over the past few years the low-budget end of air transport has boomed, globally and [...]

- Paris: watch out! - Emerging countries: Taking the plunge in Yuan waters - Raw materials: Oops! - New finance: yours to experiment with Paris: watch out! Between ‘Grand Paris’, [...]

Related articles
GEAB
15 Apr 2025

Investment: Navigating systemic transitions

#finance #investment

As in every stock market crisis, stocks will change hands. Insofar as the crisis is largely provoked, it is likely that state structures - starting with the United States - [...]

GEAB
15 Apr 2025

2030: The end of Europe’s savings cushion

#dollar #economy #EU #euro #finance #savings #tarrifs

Europe has long benefited from a powerful economic engine: the household savings. Built up over decades, this financial cushion, estimated at 35.5 trillion euros (against 14 trillion public debt), has [...]

GEAB
15 Mar 2025

NATO, IMF, UN, TPN, EU, America, Russia… What will Western power look like after peace in Ukraine?

#europe #NATO #PEACE #Russia #Ukraine #UN

We anticipate that, in a few weeks' time (sooner than we might think), a peace agreement will be signed between Russia and Ukraine, under American guidance, known as the Treaty [...]