Abstract
Whether it is legally treated as a digital property, a commodity or a security, bitcoin’s identity crisis is mainly caused by its contradictions as a trustless monetary project. The paper argues that bitcoin’s trustlessness is a confusing concept that accounts for its legal and monetary troubles. As explicated by monetary sociologists and economists, money is based on a complex trust architecture. By questioning the interplay between code, trust and law in the monetary realm, the paper aims to enlighten the philosophy of bitcoin’s monetary project, the current trends, and some potential developments for bitcoin and distributed ledger technologies.
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Artikel in diesem Heft
- Editorial
- International Economic Law in the Era of Distributed Ledger Technology
- Research Articles
- ‘Crypto-investment’ in International Economic Law: A First Sketch
- Virtual Currencies: New Challenges to the Right to Privacy? An Assessment under the V AML Directive and the GDPR
- Bitcoin’s Identity Crisis and the Prospect of Trustless Money
- The Disruptive Effect of Distributed Ledger Technology and Blockchain in the over the Counter Derivatives Market
- Challenges to the Assessment of Damages Claims Involving Crypto-Assets in Investment Arbitration
- Adjudicating Cryptocurrencies at the WTO: Potential Threshold and Substantive Issues
- Will Blockchain Technologies Strengthen or Undermine the Effectiveness of Global Trade Control Regulations and Financial Sanctions?
- Enhancing E-Commerce through Blockchain (DLTs): The Regulatory Paradox for Digital Governance
- Is Technology Really Inclusive? Some Suggestions from States Run Algorithmic Programmes
- Narratives of the Digital Economy: How Platforms Are Challenging Consumer Law and Hierarchical Organization
Artikel in diesem Heft
- Editorial
- International Economic Law in the Era of Distributed Ledger Technology
- Research Articles
- ‘Crypto-investment’ in International Economic Law: A First Sketch
- Virtual Currencies: New Challenges to the Right to Privacy? An Assessment under the V AML Directive and the GDPR
- Bitcoin’s Identity Crisis and the Prospect of Trustless Money
- The Disruptive Effect of Distributed Ledger Technology and Blockchain in the over the Counter Derivatives Market
- Challenges to the Assessment of Damages Claims Involving Crypto-Assets in Investment Arbitration
- Adjudicating Cryptocurrencies at the WTO: Potential Threshold and Substantive Issues
- Will Blockchain Technologies Strengthen or Undermine the Effectiveness of Global Trade Control Regulations and Financial Sanctions?
- Enhancing E-Commerce through Blockchain (DLTs): The Regulatory Paradox for Digital Governance
- Is Technology Really Inclusive? Some Suggestions from States Run Algorithmic Programmes
- Narratives of the Digital Economy: How Platforms Are Challenging Consumer Law and Hierarchical Organization