Abstract
This paper will attempt to compare evolution in nature (based on Darwin’s theory of evolution by natural selection), with similar processes happening in money, especially in the current iteration of money (cryptocurrencies), and the underlying blockchain technology. This paper will review the history and evolution of money up to this point, shortly explain Darwin’s theory of evolution by natural selection, compare the similarities between evolution by natural selection in nature with evolution in blockchain technology and cryptocurrencies, and will examine the potential paths for the blockchain technology and cryptocurrencies to evolve in the future.
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Usmani, Zuh., Waddell, A., Bieliauskas, R. (2019). Invisible BlockChain and Plasticity of Money – Adam Smith Meets Darwin to Buy Crypto Currency. In: Abramowicz, W., Paschke, A. (eds) Business Information Systems Workshops. BIS 2018. Lecture Notes in Business Information Processing, vol 339. Springer, Cham. https://doi.org/10.1007/978-3-030-04849-5_26
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