Cryptocurrencies and the Evolution of Banking, Money and Payments
Chris Brummer (ed.) Cryptoassets Legal, Regulatory and Monetary Perspectives (Oxford University Press, 2019) pp.11-38
43 Pages Posted: 31 Oct 2019
Date Written: 2019
This paper explores cryptocurrencies against the backdrop of the history of monetary, banking and payment systems, from a legal perspective. Providing a historical overview beginning in Antiquity, it explores just how today’s cyber revolution compares against some key predicate operations, and situates cryptocurrencies in the context of the long-running evolution of bank payment intermediation and monetary development.
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