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Título:
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Hayek and the cryptocurrency revolution
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Autores:
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Sanz Bas, David
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Tipo de documento:
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texto impreso
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Editorial:
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Universidad Complutense de Madrid, 2020
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Dimensiones:
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application/pdf
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Nota general:
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cc_by
info:eu-repo/semantics/openAccess
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Idiomas:
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Palabras clave:
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Estado = Publicado
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Materia = Ciencias Sociales: Economía: Dinero
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Materia = Ciencias Sociales: Economía: Historia económica
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Materia = Ciencias Sociales: Economía: Teorías económicas
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Tipo = Artículo
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Resumen:
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The emergence of cryptocurrencies has been one of the most notable monetary phenomenon of the last decade. Many academics and analysts have found a clear precedent to this event in Friedrich Hayek’s latest monetary work, Denationalization of money. The aim of this article is to analyze what we can learn about cryptocurrencies by re-reading this book. As will be proven, Hayek would surely have rejected the idea that Bitcoin and cryptocurrencies with similar characteristics could be accepted as money in the market. Furthermore, this paper will prove that a very close connection between Stablecoins and private money exists, in the line with the Austrian economist’s predictions in a context of monetary competition.
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En línea:
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https://eprints.ucm.es/id/eprint/61915/1/20-7-1%2815-28%29.pdf
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