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Bitcoin: the three ages of an unclassifiable object
[Bitcoin: las tres edades de un objeto inclasificable (OI)]

Author

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  • Assen Slim

    (CESSMA UMRD 245 - Centre d'études en sciences sociales sur les mondes africains, américains et asiatiques - IRD - Institut de Recherche pour le Développement - Inalco - Institut National des Langues et Civilisations Orientales - UPCité - Université Paris Cité, CREE EA 4513 - Centre de recherches Europes-Eurasie - Inalco - Institut National des Langues et Civilisations Orientales)

Abstract

This article proposes a so-called "factual" method (units issued, governance, functions, distribution, regulation, circulatory sphere, adoption by sovereign states, diffusion to new uses) to determine the nature of bitcoin. It quickly becomes clear that bitcoin is an unclassifiable object (a UO) that does not fit into any pre-established framework (currency, asset, digital gold, property title) and that it boasts an evolutionary character that has already taken it through three stages of aging (birth, growth, adulthood). Configurable at will, bitcoin and its derivatives can be used by human groups for better or for worse. The article outlines three pathways for using cryptocurrencies in the future (financial inclusion, socialization of value, and exit from the Uber society).

Suggested Citation

  • Assen Slim, 2022. "Bitcoin: the three ages of an unclassifiable object [Bitcoin: las tres edades de un objeto inclasificable (OI)]," Post-Print hal-04097050, HAL.
    • Handle: RePEc:hal:journl:hal-04097050
    Note: View the original document on HAL open archive server: https://hal.science/hal-04097050
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    References listed on IDEAS

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    1. De Filippi, Primavera & Loveluck, Benjamin, 2016. "The invisible politics of Bitcoin: governance crisis of a decentralised infrastructure," Internet Policy Review: Journal on Internet Regulation, Alexander von Humboldt Institute for Internet and Society (HIIG), Berlin, vol. 5(3), pages 1-28.
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    More about this item

    Keywords

    Bitcoin; cryptocurrencies; blockchain; institutions; Financial inclusion.; criptomonedas; instituciones; inclusión financiera; cryptomonnaies; inclusion financière;
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