Social emergence in cryptocurrency systems and their open, self-organized development

Esteban Céspedes

Article ID: 3757
Vol 8, Issue 7, 2024

VIEWS - 1126 (Abstract)

Abstract


Being supposedly the ground for an exchange system that does not depend on central, top-down regulation, cryptocurrencies increasingly need new algorithmic and policy-driven rules to maintain their trustworthiness and capacity to exhibit empirically supported growth. The present paper offers a conceptual and philosophical discussion on whether and how cryptosystems could be able to generate resilient development in a way that is coherent with a non-reductionist view of positive economics. As proposed, a plausible way to understand them can be achieved considering their complexity and their concrete, local features, which have to be grasped both in terms of formal and material specificity.


Keywords


cryptocurrencies; economic growth; social technology; emergence; complexity

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DOI: https://doi.org/10.24294/jipd.v8i7.3757

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