IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04097050.html
   My bibliography  Save this paper

Bitcoin: the three ages of an unclassifiable object
[Bitcoin: las tres edades de un objeto inclasificable (OI)]

Author

Listed:
  • Assen Slim

    (CESSMA UMRD 245 - Centre d'études en sciences sociales sur les mondes africains, américains et asiatiques - IRD - Institut de Recherche pour le Développement - Inalco - Institut National des Langues et Civilisations Orientales - UPCité - Université Paris Cité, CREE EA 4513 - Centre de recherches Europes-Eurasie - Inalco - Institut National des Langues et Civilisations Orientales)

Abstract

This article proposes a so-called "factual" method (units issued, governance, functions, distribution, regulation, circulatory sphere, adoption by sovereign states, diffusion to new uses) to determine the nature of bitcoin. It quickly becomes clear that bitcoin is an unclassifiable object (a UO) that does not fit into any pre-established framework (currency, asset, digital gold, property title) and that it boasts an evolutionary character that has already taken it through three stages of aging (birth, growth, adulthood). Configurable at will, bitcoin and its derivatives can be used by human groups for better or for worse. The article outlines three pathways for using cryptocurrencies in the future (financial inclusion, socialization of value, and exit from the Uber society).

Suggested Citation

  • Assen Slim, 2022. "Bitcoin: the three ages of an unclassifiable object [Bitcoin: las tres edades de un objeto inclasificable (OI)]," Post-Print hal-04097050, HAL.
  • Handle: RePEc:hal:journl:hal-04097050
    Note: View the original document on HAL open archive server: https://hal.science/hal-04097050
    as

    Download full text from publisher

    File URL: https://hal.science/hal-04097050/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. De Filippi, Primavera & Loveluck, Benjamin, 2016. "The invisible politics of Bitcoin: governance crisis of a decentralised infrastructure," Internet Policy Review: Journal on Internet Regulation, Alexander von Humboldt Institute for Internet and Society (HIIG), Berlin, vol. 5(3), pages 1-28.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Allen, Darcy W.E. & Berg, Chris & Markey-Towler, Brendan & Novak, Mikayla & Potts, Jason, 2020. "Blockchain and the evolution of institutional technologies: Implications for innovation policy," Research Policy, Elsevier, vol. 49(1).
    2. Bodó, Balázs & Brekke, Jaya Klara & Hoepman, Jaap-Henk, 2021. "Decentralisation: A multidisciplinary perspective," Internet Policy Review: Journal on Internet Regulation, Alexander von Humboldt Institute for Internet and Society (HIIG), Berlin, vol. 10(2), pages 1-21.
    3. Tenzin Norbu & Joo Yeon Park & Kok Wai Wong & Hui Cui, 2024. "Factors Affecting Trust and Acceptance for Blockchain Adoption in Digital Payment Systems: A Systematic Review," Future Internet, MDPI, vol. 16(3), pages 1-21, March.
    4. Assen Slim, 2021. "Will the BRICS Be the Leaders in Central Bank Digital Currencies?," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-16.
    5. Mattila, Juri, . "Blockchain Systems as Multi-sided Platforms," ETLA A, The Research Institute of the Finnish Economy, number 51.
    6. Andrew Spurr & Marcel Ausloos, 2021. "Challenging practical features of Bitcoin by the main altcoins," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(5), pages 1541-1559, October.
    7. Yutong Quan & Xintong Wu & Wanlin Deng & Luyao Zhang, 2023. "Decoding Social Sentiment in DAO: A Comparative Analysis of Blockchain Governance Communities," Papers 2311.14676, arXiv.org.
    8. Manavi, Seyed Alireza & Jafari, Gholamreza & Rouhani, Shahin & Ausloos, Marcel, 2020. "Demythifying the belief in cryptocurrencies decentralized aspects. A study of cryptocurrencies time cross-correlations with common currencies, commodities and financial indices," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 556(C).
    9. Silvia Semenzin & David Rozas & Samer Hassan, 2022. "Blockchain-based application at a governmental level: disruption or illusion? The case of Estonia [A systematic analysis of applications of blockchain in healthcare]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 41(3), pages 386-401.
    10. Carlo Gola & Andrea Caponera, 2019. "Policy issues on crypto-assets," LIUC Papers in Economics 2019-7, Cattaneo University (LIUC).
    11. Howell, Bronwyn E. & Potgieter, Petrus H. & Sadowski, Bert M., 2019. "Governance of Blockchain and Distributed Ledger Technology Projects," 2nd Europe – Middle East – North African Regional ITS Conference, Aswan 2019: Leveraging Technologies For Growth 201737, International Telecommunications Society (ITS).
    12. Garzón Espinosa, Eduardo & Cruz Hidalgo, Esteban & Medialdea Garcia, Bibiana & Sanchez Mato, Carlos, 2023. "Money or Crypto-Gold? Problematics and Possible Worlds for Cryptocurrencies," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 76(3), pages 429-452.
    13. Monica M. Sharif & Farshad Ghodoosi, 2022. "The Ethics of Blockchain in Organizations," Journal of Business Ethics, Springer, vol. 178(4), pages 1009-1025, July.
    14. Sondes Mbarek & Donia Trabelsi & Michel Berne, 2020. "Are virtual currencies virtuous? Ethical and environmental issues," Post-Print hal-02434877, HAL.
    15. Allen, Darcy W.E. & Berg, Chris & Lane, Aaron M., 2023. "Why airdrop cryptocurrency tokens?," Journal of Business Research, Elsevier, vol. 163(C).
    16. Camille Meyer & Marek Hudon, 2019. "Money and the Commons: An Investigation of Complementary Currencies and Their Ethical Implications," Journal of Business Ethics, Springer, vol. 160(1), pages 277-292, November.
    17. Guillaume Beaumier & Kevin Kalomeni & Malcolm Campbell‐Verduyn & Marc Lenglet & Serena Natile & Marielle Papin & Daivi Rodima‐Taylor & Arthur Silve & Falin Zhang, 2020. "Global Regulations for a Digital Economy: Between New and Old Challenges," Global Policy, London School of Economics and Political Science, vol. 11(4), pages 515-522, September.
    18. Balázs Bodó & Heleen Janssen, 2022. "Maintaining trust in a technologized public sector [Machine Bias]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 41(3), pages 414-429.
    19. Ricardo Orzi & Raphael Porcherot & Sebastián Valdecantos, 2021. "Cryptocurrencies for Social Change," Post-Print hal-04328151, HAL.
    20. David Rozas & Antonio Tenorio-Fornés & Silvia Díaz-Molina & Samer Hassan, 2021. "When Ostrom Meets Blockchain: Exploring the Potentials of Blockchain for Commons Governance," SAGE Open, , vol. 11(1), pages 21582440211, March.

    More about this item

    Keywords

    Bitcoin; cryptocurrencies; blockchain; institutions; Financial inclusion.; criptomonedas; instituciones; inclusión financiera; cryptomonnaies; inclusion financière;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-04097050. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.