Una politica economica per le criptovalute
DOI:
https://doi.org/10.13133/2037-3651/18956Parole chiave:
cryptocurrencies, Bitcoin, stablecoins, CBDC, monetary policyAbstract
L’articolo analizza l’evoluzione delle criptovalute negli anni successivi alla crisi finanziaria del 2007-2008, focalizzandosi sul loro potenziale ruolo come alternativa al sistema monetario tradizionale e sul crescente interesse da esse suscitato nelle autorità regolatorie. A dispetto della visione da cui erano originariamente animate, le criptovalute – a partire dal Bitcoin – si comportano ormai come degli asset altamente speculativi. Gli autori si concentrano sui limiti e sulle potenzialità delle criptovalute e sugli sforzi effettuati in vista di una loro possibile regolazione, soffermandosi in particolare sul fenomeno delle stablecoins e sulla creazione di monete digitali direttamente emesse da parte delle banche centrali (CBDC). Affinché le criptovalute possano fungere da valida alternativa alla moneta ufficiale e mettere così in atto il loro grande potenziale trasformativo, è necessario un complesso processo di istituzionalizzazione.
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