Value, money and crypto-currency. Connections between money within 'Das Kapital's' labor-value theory, bitcoin and the decentralization of the economy
Abstract
In recent decades, the birth of crypto-currency has challenged the monopoly of paper money controlled by national central banks and their respective states. From a decentralized conception of the economy, digital currencies such as Bitcoin have tried to replace traditional money as a new and more democratic form of economic relationship. However, it is necessary to confront these new forms of economic exchange with Karl Marx's analyses in Das Kapital to see whether they really represent an effective alternative to capitalism or whether they fall into new forms of capitalist relations.
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