Theory and Reality of Cryptocurrency Governance. Issue 2 (3rd April 2019) - Spithoven, Antoon
Abstract: I analyze cryptocurrency ecosystems with Elinor Ostrom's meta-framework for self-governance. I conclude that Bitcoin falls short in its self-governing ambitions, while cryptocurrency software protocols and blockchain technologies have potentialities within "permissioned" peer-to-peer private or hybrid networks. However, regulation and supervision by trusted third parties are required.