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 May 2024

Investments, trends and recommendations (May)

#banks #China #copper #finance #investment #nuclear

CBDC, critical materials, digital industries, green energies, electric cars... China leads the way The transition to CBDCs adds another layer of digitalisation, and will put further strain on markets under [...]

GEAB
15 May 2024

The future of payment systems, the disappearance of cash: When monetary policy is no longer enough

#economy #finance #governance #money

Among the anticipated back to basics, few measures hold as much potential efficacy as money itself. In times of mounting difficulties and risks, reverting to fundamental principles becomes imperative. Politicians [...]

GEAB
15 Apr 2024

Investments, trends and recommendations (apr)

#bitcoin #finance #gold #investment

Bitcoin halving, very short-term positioning Following on from our article on the recovery of Bitcoin by the United States, we recommend that you continue to position yourself for the very [...]