مجلة التنمية والاستشراف للبحوث والدراسات
Volume 9, Numéro 1, Pages 122-130
2024-06-29
The Cash Paradox Of Regulated Digital Currency And Private Digital Currency
Authors : Siamer Hadjira . Boubakeur Mustapha .
Abstract
The traditional schema of money or the interest rate balances the demand for stable money and the supply of money fixe by the central Bank no longer sense in the modern financial and economic system characterized by monetary dematerialization giving birth of a Currency managed electronically using information and communication technology , without a physical support the latter was designed by the monetary authorities both too reduce the costs of use and monetary transactions and to satisfy customers by giving them the possibility of managing their portfolio and carrying out transactions from their home, but with the notion of the market economy based on the words of ADAM SMITH « let him pass let him happen » private initiatives in monetary creation have emerged to escape the legal monetary constraint which weighs heavily on economic agents and this how bitcoin emerged as the first private currency not backed by any financial institution , culling into question the sovereignty of monetary authorities.
Keywords
banking information ; information and communication technology ; private currency ; digital currency ; cryptocurrency
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