Bitcoin and the legitimacy crisis of money

被引:50
作者
Weber, Beat [1 ]
机构
[1] Oesterreich Natl Bank, Otto Wagner Pl 3, A-1090 Vienna, Austria
关键词
Bitcoin; Money; Monetary theory; Legitimacy; Governance; CENTRAL-BANK;
D O I
10.1093/cje/beu067
中图分类号
F [经济];
学科分类号
02 ;
摘要
The virtual currency and payment project Bitcoin intends to challenge the current monetary and payment system that finds itself in a legitimacy crisis in the aftermath of the financial market turmoil of 2008. In examining the governance of the Bitcoin system, I try to assess its potential to create input and output legitimacy as a payment system and as a monetary system in comparison with current practice.
引用
收藏
页码:17 / 41
页数:25
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