Open AccessSocial sciences to the rise and development of cryptocurrencies: an analysis of the notion
Author(s) -
Wojciech Mincewicz
Publication year - 2021
Publication title -
przegląd politologiczny
Language(s) - English
Resource type - Journals
eISSN - 2956-5081
pISSN - 1426-8876
DOI - 10.14746/pp.2021.26.3.7
Subject(s) - cryptocurrency , novelty , virtual currency , meaning (existential) , heuristic , currency , interpretation (philosophy) , politics , computer science , social science , epistemology , sociology , positive economics , political science , economics , law , psychology , social psychology , computer security , artificial intelligence , philosophy , monetary economics , programming language
The aim of the article is to conceptualize, that is, to explain, analyze the meaning and indicate the framework for the interpretation of the concept of “cryptocurrency” in social sciences, including political science. As issue an interdisciplinary, polysemic and at the same time novum technological novelty, cryptocurrencies are a challenge for representatives of the world of science. The proposed heuristic model of concept analysis based on the technological, legal and economic aspect indicates that in the broad sense of cryptocurrencies it should be understood as: decentralized, functioning in a network with a peer-to-peer architecture, cryptographically secured, based on trust and consensus, type of virtual currency, that meets some of the functions of money. Explaining the content by one aspect of the functioning of cryptocurrencies is its narrowing down.