Blockchains and Bitcoin: Regulatory Responses to Cryptocurrencies
@article{Guadamuz2015BlockchainsAB, title={Blockchains and Bitcoin: Regulatory Responses to Cryptocurrencies}, author={Andres Guadamuz and Christopher T. Marsden}, journal={Sustainable Technology eJournal}, year={2015} }
This paper examines Bitcoin from a legal and regulatory perspective, answering several important questions. We begin by explaining what Bitcoin is, and why it matters. We describe problems with Bitcoin as a method of implementing a cryptocurrency. This introduction to cryptocurrencies allows us eventually to ask the inevitable question: is it legal? What are the regulatory responses to the currency? Can it be regulated? We make clear why virtual currencies are of interest, how self-regulation…
64 Citations
Cryptocurrency (Blockchain) Technology as a Means of Leveraging the Nigeria Economy
- Economics, Computer Science
- 2020
This paper explores how cryptocurrency technology can be a means of leveraging the Nigeria economy and its extremely large population.
Cryptocurrencies and beyond: using design science research to demonstrate diverse applications of blockchains
- Computer Science
- 2020
This work advances the supposed potential of blockchains proposed by current literature by using design science research to create software artefacts that propose solutions for incentivising energy efficiency, fighting financial fraud, providing digital provenance and adding trust to humanitarian aid reporting.
Trust, But Verify: Why the Blockchain Needs the Law
- Law
- 2017
The blockchain could be the most consequential development in information technology since the internet. Created to support the Bitcoin digital currency, the blockchain is actually something deeper:…
Socialism and the Blockchain
- Computer ScienceFuture Internet
- 2016
It is argued that blockchain technologies are not just a Libertarian tool, they also enhance Socialist forms of governance.
Blockchain and cryptocurrencies technologies and network structures: applications, implications and beyond
- Computer Science
- 2019
The aim of the paper is to provide a synthetic sketch of issues raised by the development of Blockchains and Cryptocurrencies, these issues are mainly presented through the link between on one hand the technological aspects, and on the other hand the issues raised from applications to implications.
Blockchain And The Future of the Internet: A Comprehensive Review
- Computer ScienceArXiv
- 2019
This goal is to cover the evolution of blockchain-based systems that are trying to bring in a renaissance in the existing, mostly centralized, space of network applications, and highlight various common challenges, pitfalls, and shortcomings that can occur.
Smart Contracts – Blockchains in the Wings
- Computer Science
- 2018
In this paper, various different set of functions, applications, and stakeholders are involved in this smart contract arena and are highlighted and put into interrelated technical, economic, and legal perspectives.
Empirical Analysis of Current Cryptocurrencies in Different Aspects
- Computer Science2020 8th International Conference on Reliability, Infocom Technologies and Optimization (Trends and Future Directions) (ICRITO)
- 2020
Examination of different types of cryptocurrencies, their properties and answers various questions around their history or value in market to make a clear picture in the mind of reader about what he/she is reading about.
The blockchain technology and its applications in the financial sector
- Economics, Computer Science
- 2017
This thesis argues that the financial institutions are more likely to take advantage of the blockchain technology than to become obsolete because of it, and has the ability to enhance efficiency, increase transparency, reduce risks when less assets are tied up during transactions and reduce expenditures, such as transaction costs in the financial sector.
The networked record industry: how blockchain technology could transform the consumption and monetisation of recorded music
- Economics
- 2016
Following the emergence of file-sharing networks such as Napster and BitTorrent, the record industry has tended to regard peer-to-peer networks in a negative light. This is hardly surprising: in the…
References
SHOWING 1-10 OF 243 REFERENCES
Bitcoin: The Wrong Implementation of the Right Idea at the Right Time
- Economics
- 2014
This paper is a study into some of the regulatory implications of cryptocurrencies using the CAMPO research framework (Context, Actors, Methods, Methods, Practice, Outcomes). We explain in CAMPO…
Blockchain: Blueprint for a New Economy
- Computer Science
- 2015
Mastering Bitcoin: Unlocking Digital Crypto-Currencies introduces Bitcoin and describes the technology behind Bitcoin and the blockchain, and Blockchain: Blueprint for a New Economy considers theoretical, philosophical, and societal impact of cryptocurrencies and blockchain technologies.
Decentralized Blockchain Technology and the Rise of Lex Cryptographia
- Computer Science
- 2015
It is argued that its widespread deployment will lead to expansion of a new subset of law, which is term Lex Cryptographia: rules administered through self-executing smart contracts and decentralized (autonomous) organizations.
A NEXT GENERATION SMART CONTRACT & DECENTRALIZED APPLICATION PLATFORM
- Mathematics
- 2015
When Satoshi Nakamoto first set the Bitcoin blockchain into motion in January 2009, he was simultaneously introducing two radical and untested concepts. The first is the "bitcoin", a decentralized…
Cryptocurrency : how Bitcoin and digital money are challenging the global economic order
- Economics
- 2015
The system that governs how money works, with its brokers and middlemen, has stayed roughly the same for centuries. Now there's an alternative, and it puts us on the cusp of a revolution that could…
The Decision to Produce Altcoins: Miners' Arbitrage in Cryptocurrency Markets
- Economics, Mathematics
- 2015
Bitcoin has become the de facto 'gold' standard among cryptocurrencies as it is the most widely accepted in commerce, has the largest mining network, and greatest volume of transactions. Because of…
Hayek Money: The Cryptocurrency Price Stability Solution
- Economics
- 2016
Bitcoin has enabled competition between digital cryptocurrencies and traditional legal tender fiat currencies. Despite rapidly increasing acceptance, so far the affirmation of cryptocurrency as…
The False Premises and Promises of Bitcoin
- Economics, BusinessArXiv
- 2013
A set of recommendations to change finance are provided in the Afterword: Investment/venture banking for the masses; Venture banking to bring back what investment banks once were; Open-outcry exchange for all CDS contracts; Attempting to develop CDS type contracts on investments in startup and existing enterprises; and improving the connection between startup tech/ideas, business organization and investment.
Design of social digital currency
- Computer Science
- 2015
This work shows that decentralised digital currencies, based on auditable cryptographic blockchain technologies, are of strategic importance in legitimising bottom-up processes in democratic and participatory systems.
Bitcoin: An Innovative Alternative Digital Currency
- Computer Science
- 2011
This paper examines a few relevant legal issues, such as the recent conviction of the Liberty Dollar creator, the Stamp Payments Act, and the federal securities acts.