Startseite From Libra to Diem. The Pursuit of a Global Private Currency
Artikel
Lizenziert
Nicht lizenziert Erfordert eine Authentifizierung

From Libra to Diem. The Pursuit of a Global Private Currency

  • Ivan Pupolizio ORCID logo EMAIL logo
Veröffentlicht/Copyright: 8. Oktober 2021

Abstract

The official launch of the Libra project in 2019, and the subsequent troubles experienced by the project, stimulated a vigorous debate, from different perspectives, on the pros and cons of a private currency with global ambitions. This paper describes the main characteristics of Libra and of its heir, Diem, locating both in a partial taxonomy of the increasingly crowded field of so-called ‘digital currencies’. In the light of the distinguishing features and risks of such an ambitious project, the paper also aims to assess the potential impact on a crucial issue of the present international monetary system: the power to create money.


Corresponding author: Ivan Pupolizio, Law Department, University of Bari, Bari, 70121, Italy, E-mail:

Published Online: 2021-10-08

© 2021 Walter de Gruyter GmbH, Berlin/Boston

Heruntergeladen am 16.10.2025 von https://www.degruyterbrill.com/document/doi/10.1515/gj-2021-0055/html?lang=de
Button zum nach oben scrollen