Should central banks be concerned about virtual currencies?
Analiză aprofundată
02-07-2018
Virtual currencies have generated much discussion over the past few years with some believing they are an improvement on state-issued currencies and will end up replacing them. This paper argues this is extremely unlikely. Cryptocurrencies such as Bitcoin do not work well as money because of security weaknesses and the volatility of their price relative to traditional currencies. The theory that the private sector will choose to replace a state-backed currency with privately-issued currency also has little historical backing. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.
Analiză aprofundată
Autor extern
Professor Karl Whelan
Despre acest document
Tipul publicației
Domeniul tematic
Cuvânt-cheie
- aplicații informatice
- bancă centrală
- digitalizare
- documentare
- economie monetară
- EDUCAŢIE COMUNICARE ŞI COMUNICAŢII
- emitere de monedă
- FINANŢE
- industria informației
- informatică şi procesarea datelor
- informaţia şi prelucrarea informaţiei
- monedă virtuală
- politici de cooperare
- PRODUCŢIE, TEHNOLOGIE ŞI CERCETARE
- RELAŢII INTERNAŢIONALE
- securitatea sistemelor informatice
- tehnologie digitală
- tehnologie şi reglementări tehnice
- țări terțe