КРИПТОВАЛЮТА КАК АБСТРАКТНОЕ ОБЯЗАТЕЛЬСТВО И УСЛОВИЕ ЭМИССИИ БАНКОМ КРЕДИТНЫХ ДЕНЕГ

Abstract

Formulation of the problem. The article is devoted to a comparative analysis of the essence of cryptocurrency and fiduciary money in the context of the historical prerequisites for the emergence of an abstract obligation as a condition for issuing credit money. The aim of the research is to characterize the cryptocurrency as an abstract obligation and condition for the issuance of credit money by the bank. The object of the research is the process of forming cryptocurrency as an abstract obligation and the conditions for issuing credit money by a bank. The methods used of the research: logical, comparison, modeling, induction and dudection methods. The hypothesis of the research. Cryptocurrency does not have the universal property of measuring the value of economic goods, as it is a passive measured object. To assess the beneficial effects of market benefits in the international market, hard money is needed. The statement of basic materials. Money in the article is presented not as universal unconditional bank obligations and requirements for repayment, but as a “number in the database”. Bank operations are reduced to keeping money for someone who essentially increases the number in the database, debiting and crediting it and making a payment. Originality and practical significance of the research consists in substantiating the miner who produces cryptocurrency as a digital commodity asset for sale in the commodity market. The identification of the economic nature of cryptocurrency is relevant for the purposes of its legal legalization in the economy of Belarus and the search for its adequate legal and regulatory definition in the legal system. Conclusions of the research. Credit money is used in the deferred payment function. At the same time, physical movement of inventories between subjects is not necessary, since property rights are moving in the form of universal unconditional financial requirements and obligations.