Digital currencies are surely an evolution of money 'as we know it'. What is emerging from the economic debate, is that … scope to provide an analysis of the money aggregates and how they evolve in digital form. We just focus on which kinds of … money are available in our economy and in which form they appear …

due to competition or incompatibility. In the instance of cryptocurrency as a network and with Metcalfe's Law as the … that they may negatively impact the entire cryptocurrency ecosystem theoretical maximum value by several billion dollars …. More importantly, we illustrate that the trade-offs between a dominant cryptocurrency network and a competing alternative …

understanding of the velocity of money, and may afford central banks the ability to influence money velocity, thus potentially …

money should co-exist and interact with existing forms of money. This paper evaluates three different scenarios for the … implementation of CBDC in terms of their monetary policy implications. In the ‘money user scenario' CBDC co-exists with both cash and … commercial bank deposits. In the ‘money manager scenario' cash is abolished and CBDC co-exists only with commercial bank deposits …

Bitcoin is the most successful cryptocurrency and one of the best types of private money ever. The blockchain … digital realm: as such it might play a role in shaping the future of money and our digital civilization …

competition between CBDCs and non-bank-issued electronic money (e-money) poses a significant threat to disintermediate banks. When … non-bank e-money and hence strengthening financial stability. Overall, our findings suggest that retail CBDCs can be … curbing non-bank e-money only in developed ones. An economy needs to consider the motivations and existing degree of financial …

The ongoing initiatives to offer central bank money to consumers in the form of retail central bank digital currency …

economic forces that shape the rise of digital money and review motives for the issuance of CBDC. We then study the …

monopoly access of capitalists to finance, then reducing this divergence is crucially dependent on the democratization of money … understanding of the process by which the creation of money leads to inequity, specific proposals for the democratization of money …In the Western interpretation of democracy, governments exist in order to manage relations of property, with absence of …