Nicolás Gonzálvez-Gallego, María Concepción Pérez-Cárceles
{"title":"Does goodness of governance dissuade citizens from using cryptocurrencies?","authors":"Nicolás Gonzálvez-Gallego, María Concepción Pérez-Cárceles","doi":"10.14254/2071-789X.2021/14-1/1","DOIUrl":null,"url":null,"abstract":". Cryptocurrencies are an increasing concern for national governments and international institutions. Anonymity, real-time transactions, together with the lack of intermediaries and control from financial and economic authorities make them appealing to criminals. Despite of the global efforts for standardizing the approach to cryptocurrencies, there are several risks identified and the way governments are facing them is not uniform. This paper analyzes the relation between goodness of governance and the use of cryptocurrencies on a sample of 33 countries. The results confirm that goodness of governance, by itself, dissuades people from holding and using cryptocurrencies. Additionally, our findings show that this effect relies on different governance factors, depending on how extended the use of cryptocurrencies is.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":2.1000,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics & Sociology","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.14254/2071-789X.2021/14-1/1","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 5
Abstract
. Cryptocurrencies are an increasing concern for national governments and international institutions. Anonymity, real-time transactions, together with the lack of intermediaries and control from financial and economic authorities make them appealing to criminals. Despite of the global efforts for standardizing the approach to cryptocurrencies, there are several risks identified and the way governments are facing them is not uniform. This paper analyzes the relation between goodness of governance and the use of cryptocurrencies on a sample of 33 countries. The results confirm that goodness of governance, by itself, dissuades people from holding and using cryptocurrencies. Additionally, our findings show that this effect relies on different governance factors, depending on how extended the use of cryptocurrencies is.
期刊介绍:
Economics and Sociology (ISSN 2306-3459 Online, ISSN 2071-789X Print) is a quarterly international academic open access journal published by Centre of Sociological Research in co-operation with University of Szczecin (Poland), Mykolas Romeris University (Lithuania), Dubcek University of Trencín, Faculty of Social and Economic Relations, (Slovak Republic) and University of Entrepreneurship and Law, (Czech Republic). The general topical framework of our publication include (but is not limited to): advancing socio-economic analysis of societies and economies, institutions and organizations, social groups, networks and relationships.[...] We welcome articles written by professional scholars and practitioners in: economic studies and philosophy of economics, political sciences and political economy, research in history of economics and sociological phenomena, sociology and gender studies, economic and social issues of education, socio-economic and institutional issues in environmental management, business administration and management of SMEs, state governance and socio-economic implications, economic and sociological development of the NGO sector, cultural sociology, urban and rural sociology and demography, migration studies, international issues in business risk and state security, economics of welfare.