Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/309399 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] Finance and Society [ISSN:] 2059-5999 [Volume:] 7 [Issue:] 2 [Year:] 2021 [Pages:] 130-139
Publisher: 
University of Edinburgh, Edinburgh
Abstract: 
This essay makes the case that current debates about the 'moneyness' of Bitcoin and other cryptocurrencies are occurring at the incorrect scale. Rather than being some form of trans-national digital money to be used alongside or compete with national fiat currencies, I argue that, instead, each cryptocurrency represents its own self-contained "money-world". Put differently, a cryptocurrency is the uniquely specified unit of account and medium of exchange within the socio-technical bounds of its own blockchain. This new perspective can open new lines of intellectual dialogue and inform better policy choices for regulating cryptocurrencies.
Subjects: 
Bitcoin
cryptocurrency
money
blockchain
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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