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The Prospects of Cryptocurrency as an Instrument of Public Wealth Management

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  • O. A. Antoncheva
  • T. E. Apanasenko

Abstract

The main modern ways of eradicating poverty and inequality are considered: within the framework of the market paradigm; within a regulated economy; by social policy tools.Cryptocurrency as non-state money and money unsecured by material benefits helps solve the problems of lack of liquidity in both anti-inflationary and pro-inflationary policies, without harming the state as an issuer.Within the framework of the planned economy, cryptocurrency allows to solve the same problems that were solved by manipulating the different cost of money in the market and planned sector.

Suggested Citation

  • O. A. Antoncheva & T. E. Apanasenko, 2022. "The Prospects of Cryptocurrency as an Instrument of Public Wealth Management," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 1.
    • Handle: RePEc:acf:journl:y:2022:id:1868
    DOI: 10.22394/1726-1139-2022-1-28-34
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    References listed on IDEAS

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