Do cryptocurrencies really have (no) intrinsic value?
| العنوان: | Do cryptocurrencies really have (no) intrinsic value? |
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| المؤلفون: | Horst Treiblmaier |
| المصدر: | Electronic Markets. 32:1749-1758 |
| بيانات النشر: | Springer Science and Business Media LLC, 2021. |
| سنة النشر: | 2021 |
| مصطلحات موضوعية: | Marketing, Economics and Econometrics, Cryptocurrency, Financial economics, media_common.quotation_subject, Fiat money, Computer Science Applications, Intrinsic value (finance), Order (exchange), Currency, Management of Technology and Innovation, Debt, Economics, Business and International Management, Economic stability, media_common, Valuation (finance) |
| الوصف: | Depending on the chosen perspective, cryptocurrencies either constitute a unique opportunity to end national patronizing built on debt-based fiat money (currency) or a menace to a well-established financial order that ensures economic stability. A central issue in the heated debate surrounding cryptocurrencies is whether they have any intrinsic value at all. In this conceptual position paper, we briefly summarize existing standpoints and suggest three alternative propositions: (1) to avoid using the term “intrinsic value” for the valuation of cryptocurrencies, (2) to refer to the sum total of all properties that could potentially qualify them as money, and (3) to consider the amount of capital and energy that is needed to create them. These suggestions bear substantial implications for the economic classification of cryptocurrencies. |
| تدمد: | 1422-8890 1019-6781 |
| الوصول الحر: | https://explore.openaire.eu/search/publication?articleId=doi_________::2734f1fa3533e89cbbd5962e0aabe6a4Test https://doi.org/10.1007/s12525-021-00491-2Test |
| حقوق: | CLOSED |
| رقم الانضمام: | edsair.doi...........2734f1fa3533e89cbbd5962e0aabe6a4 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 14228890 10196781 |
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