PRACTICAL APPLICATION OF THE THEORY OF PRIVATE MONEY IN THE CRYPTOCURRENCY MARKET

Authors

  • Evdokimov Ilya A
  • Frolov Nikita I
  • Lysanov Denis M
  • Karamyshev Anton N
  • Isavnin Aleksey G

Keywords:

market, competition, currency, cryptocurrency, press

Abstract

The article considers the main aspects of the theory of F.A. von Hayek. The effectiveness of competition has been proved as a way to select the best currencies, which are characterized by high liquidity, transparent emission, and active work in the information space. And also in this article, the power of the influence of the press factor on the theory of Private Money by F. A. von Hayek is considered. The effectiveness of this factor, which acts as a filter of a low-quality product, allowing market participants to filter out unreliable currencies, has been proved.

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Author Biographies

Evdokimov Ilya A

Kazan Federal University

Frolov Nikita I

Kazan Federal University

Lysanov Denis M

Kazan Federal University

Karamyshev Anton N

Kazan Federal University

Isavnin Aleksey G

Kazan Federal University

References

F.A. von Hayek. Private money. // Institute of the National Model of Economics. 1996.240 p.

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Published

2019-11-01

How to Cite

ILYA A, Evdokimov; NIKITA I, Frolov; DENIS M, Lysanov; ANTON N, Karamyshev; ALEKSEY G, Isavnin. PRACTICAL APPLICATION OF THE THEORY OF PRIVATE MONEY IN THE CRYPTOCURRENCY MARKET. Gênero & Direito, [S. l.], v. 8, n. 5, 2019. Disponível em: https://periodicos.ufpb.br/index.php/ged/article/view/48776. Acesso em: 5 jun. 2026.

Issue

Section

Seção Livre

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