Cryptocurrency Phenomenon in the International Monetary System
Journal Title: Економіка і регіон - Year 2017, Vol 3, Issue 64
Abstract
The main prerequisites of cryptocurrency emergence in the international monetary system in terms of regionalization of the world economy are defined in the article. Determination of «cryptocurrency» category was analysed from the point of two main approaches to its treatment: on the one hand cryptocurrency is admitted to be the currency equally to the sovereign currency, and on the other hand it is considered as an unrecognized virtual asset. The main consequences which arise in case of widespread use of crypto currency for the country and for the parties that agreed to use cryptocurrency were analysed and systematized. On the basis of the research, given the current trends in the world economy, the author put forward and substantiated the hypothesis to classify the phenomenon of cryptocurrency as the effects of a famous philosophical «Negation of negation law» formulated by G. Hegel at the beginning of the XIX century.
Authors and Affiliations
Artur Vasylenko
Keywords
Related Articles
- EP ID EP284706
- DOI -
- Views 130
- Downloads 0
Концептуальні основи стратегії економічного розвитку сільського господарства у системі управління національним господарством
Розглянуто концептуальні основи економічної стратегії розвитку сільського господарства у системі управління національним господарством. Визначено основні вимоги, яким повинні відповідати економічні стратегії р...
Energy Security of the state: Comparative analysis and Improving the Regulatory frameworks for energy, resource efficiency of buildings in Ukraine and in the EU.
The article was the analysis and compare existing regulatory frameworks for energy and resource efficiency of various buildings in Ukraine and in the EU. The main assignment of the present research is studying the...
Budgetary decentralization as a facilitating mechanism of region financial independence.
The article examines the basic theoretical aspects of budgetary decentralization as a mechanism to ensure the financial sustainability of local communities. The essences of the concepts "decentralization",...
Identification of strategic priorities of investment into development of alternative energetics
There are the stages of the methodology for choosing the strategic priorities of investing in alternative energy explored in the article. The potential of alternative energy analyzed. The strate...
Сучасні напрями вдосконалення державної політики розвитку відновлювальної енергетики в Україні.
Проаналізовано динаміку розвитку відновлювальної енергетики в Україні у 2012 – 2016 рр. Оцінено вплив анексії Криму та конфлікту на Сході на стан відновлювальної енергетики й енергетичну незалежніст...