Governance

Can bitcoin be self-regulatory legal tender? A comparative analysis of United States, European Union and Islamic Legal Systems

The thesis provides a comparative overview of US, EU and Islamic legal classifications of Bitcoin as legal tender. Focusing on the volatility and irreversibility issues, the thesis shows that the volatility is caused by external factors and not internal factors of the money. Historically, the thesis shows that these factors are used to be efficiently […]

Cryptocurrency-Based Law

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Bitcoin is a protocol promoted as the first peer-to-peer institution, an alternative to a central bank. The decisions made through this protocol, however, involve no judgment. Could a peer-to-peer protocol underpin an institution that makes normative decisions? Indeed, an extension to the Bitcoin protocol could allow a cryptocurrency to make law. Tacit coordination games, in […]