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dc.contributor.authorIwashita, Naoyukien
dc.contributor.alternative岩下, 直行ja
dc.date.accessioned2021-08-26T05:42:29Z-
dc.date.available2021-08-26T05:42:29Z-
dc.date.issued2021-04-
dc.identifier.urihttp://hdl.handle.net/2433/264948-
dc.description.abstractFacebook’s Libra intends to provide a financial infrastructure for the people living in the developing countries in which financial inclusion rates still fall low. Libra plans to stabilize the market by holding legal currencies as collateral. However, markets determine prices, and there is no guarantee that the prices can be controlled as intended. As long as a central authority holds legal currencies as collateral and issues the Libra, it cannot be a decentralized structure like bitcoin. Libra plans to move to a permissionless blockchain within 5 years, but no concrete steps have been proposed yet. Thus, it would be difficult for Libra to be realized and widely accepted as a world currency.en
dc.language.isoeng-
dc.publisherSpringer Natureen
dc.rightsThis is a post-peer-review, pre-copyedit version of an article published in Evolutionary and Institutional Economics Review. The final authenticated version is available online at: https://doi.org/10.1007/s40844-020-00165-2.en
dc.rightsThe full-text file will be made open to the public on 7 March 2021 in accordance with publisher's 'Terms and Conditions for Self-Archiving'.en
dc.rightsThis is not the published version. Please cite only the published version. この論文は出版社版でありません。引用の際には出版社版をご確認ご利用ください。en
dc.subjectLibraen
dc.subjectBlockchainen
dc.subjectFinancial inclusionen
dc.subjectBitcoinen
dc.subjectRegulationen
dc.subjectAnti-money launderingen
dc.titleFacebook’s Libra is far from broad acceptance as a world currencyen
dc.typejournal article-
dc.type.niitypeJournal Article-
dc.identifier.jtitleEvolutionary and Institutional Economics Reviewen
dc.identifier.volume18-
dc.identifier.spage335-
dc.identifier.epage339-
dc.relation.doi10.1007/s40844-020-00165-2-
dc.textversionauthor-
dc.addressKyoto University School of Governmenten
dcterms.accessRightsopen access-
datacite.date.available2021-03-07-
dc.identifier.pissn1349-4961-
dc.identifier.eissn2188-2096-
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