Cryptocurrencies and energy: towards a new pattern for the global financial system?

HESSLING HERRERA, FRANCO DAVID

Revista Economía y Sociedad

Universidad Nacional de Costa Rica (UNA)

Año: 2023 vol. 28

1409-1070

This article proposes a hypothetical reflection based on anticipating a possible shift in the world financial system from the current standard-dollar to the energy-standard on which generation and circulation cryptocurrencies are based. Considering certain principles on the agiotage derived from the White Paper, some events are predicted and, therefore, such or such movements of social readjustment in the face of this new model of world financial system. The article begins with a genealogy of these systems reflected in world money patterns, then develops the link between cryptocurrencies and access and use of energy to conclude with the predictions of projecting the hypothetical scenario of displacement of the dollar-pattern to the energy-pattern.