Abstract
We end the text with the author’s view concerning the general trend of future developments and note that new methodologies are being developed to permit governmental entities to bypass the secret private keys used by customers of the virtual currencies.
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Notes
- 1.
Hugh Son , Hannah Levitt , and Brian Louis , Jamie Dimon Slams Bitcoin as a ‘Fraud’, Bloomberg, Sept. 12, 2017, https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-Bitcoin
- 2.
Hugh Son , Bitcoin ‘More Than Just a Fad’, Morgan Stanley CEO Says, Bloomberg, Sept. 27, 2017, https://www.bloomberg.com/news/articles/2017-09-27/bitcoin-more-than-just-a-fad-morgan-stanley-ceo-gorman-says
- 3.
Governor Jerome H. Powell , Innovation, Technology, and the Payments System, Mar. 3, 2017, https://www.federalreserve.gov/newsevents/speech/powell20170303a.htm
- 4.
Nick Bolton , Should Jamie Dimon Be Terrified About Bitcoin?, Hive, Vanity Fair, Sept. 13, 2017, https://www.vanityfair.com/news/2017/09/should-jamie-dimon-be-terrified-about-Bitcoin
- 5.
Randal K. Quarles , supra at c. 4, note 92.
- 6.
Pete Rizzo , How Barclays Used R3’s Tech to Build a Smart Contracts Prototype, Coindesk, Apr. 26, 2016, https://www.coindesk.com/barclays-smart-contracts-templates-demo-r3-corda/
- 7.
Joshua Althauser , Pentagon Thinks Blockchain Technology Can Be Used as Cybersecurity Shield, Cointelegraph, Aug. 20, 2017, https://cointelegraph.com/news/pentagon-thinks-blockchain-technology-can-be-used-as-cybersecurity-shield
- 8.
Christine Lagarde , Working Together to Fight Money Laundering & Terrorist Financing Speech at FATF Plenary Meeting, June 22, 2017, http://www.fatf-gafi.org/media/fatf/documents/speeches/Speech-IMF-MD-Christine-Lagarde-22June2017.pdf
- 9.
See, for example, comments by Gary Coleman citing World Economic Forum agenda, How we can regulate the digital revolution? Reuters, Mar. 29, 2017, https://www.weforum.org/agenda/2017/03/how-can-we-regulate-the-digital-revolution/
- 10.
Divya Joshi , How the laws & regulation affecting blockchain technology can affect its adoption, Business Insider, Oct. 20, 2017, http://www.businessinsider.com/blockchain-cryptocurrency-regulations-us-global-2017-10
- 11.
Tim Lea . Tim Lea, Could quantum computing make crypto currencies valueless? Quora, https://www.quora.com/Could-quantum-computing-make-crypto-currencies-valueless
- 12.
Emerging Technology, Quantum Computers Pose an Imminent Threat to Bitcoin Security, MIT Technology Review, Nov. 8, 2017, https://www.technologyreview.com/s/609408/quantum-computers-pose-imminent-threat-to-bitcoin-security/
- 13.
Quantum computing and Bitcoin, Bitcoinwiki, https://en.bitcoin.it/wiki/Quantum_computing_and_Bitcoin
- 14.
Steemit, 10 Ways Government Could Stop Cryptocurrencies, https://steemit.com/cryptocurrencies/@thehutchreport/10-ways-governments-could-stop-cryptocurrencies
- 15.
Anthony Esposito , NAFTA talks must include discussion on fintech: Mexican negotiator, Reuters, Aug. 16, 2017, https://www.reuters.com/article/us-trade-nafta-mexico/nafta-talks-must-include-discussion-on-fintech-mexican-negotiator-idUSKCN1AX03Z?il=0
- 16.
Steven Johnson, Beyond the Bitcoin Bubble, New York Times Magazine, Jan. 21, 2018, 37–41, 52
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Girasa, R. (2018). Conclusion: The Future of Cryptocurrencies. In: Regulation of Cryptocurrencies and Blockchain Technologies. Palgrave Studies in Financial Services Technology. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-78509-7_9
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