The main contribution of this paper lies in the synthesis of information economics in finance – as related to the mechanisms of money and quasi-money creation in the banking and shadow banking sector – and the mechanism of money creation in cryptocurrency ecosystem. In particular, drawing lessons from the literature on ‘safe assets’ and building … Continue reading Ignorance, Debt and Cryptocurrencies: The Old and the New in the Law and Economics of Concurrent Currencies by Hossein Nabilou, André Prüm :: SSRN