Knowledge Capitalism

Crypto Legalism and the Cuban case

Bibliographic Data

ID8252633
AuthorsSyed Hassan (0000-0003-2114-2473), Syed Faiz UL Hassan (Euclid University, corresponding author), Seida Barrera Rodríguez (0000-0002-1211-1125, University of Havana)
Year2025
Volume5
Issue9
Publication date2025-12-31
Open AccessYes
TypeARTICLE
VenueRevista de Estudios Globales. Análisis Histórico y Cambio Social (JOURNAL)
Journal identifiersISSN: 2697-0511 • E-ISSN: 2697-0511
PublisherServicio de Publicaciones de la Universidad de Murcia (PUBLISHER)
DOI10.6018/reg.686601
OpenAlexW7122789596
LanguageEN
References cited14

The 2008 financial crisis was a profound failure triggered by Western banking’s fiscal shortcomings. The ripple effect precipitated a global economic crisis not seen since the end of the First World War. The United States (US) government’s strategy to consolidate failing financial institutions at the cost of its taxpayers ultimately caused wide-ranging reactions and criticisms locally and across the world. In response to that, a transactional currency of the blockchain named ‘Crypto’ was created to differentiate it from Fiat. The emerging discourse on cryptocurrency suggests its scepticism of the Western-led global banking system. This paper investigates the legal capitalism of cryptocurrency within the norms of Western knowledge capitalism. The investigation explores the case of Cuba as a subset within the exploratory analysis of the crypto universe evolution, and the Westphalian insecurities emerging from the threat of cryptocurrency to the capitalist hegemon

Capitalism · Cryptocurrency · Currency · Emerging markets · Expansionism · Financial crisis · Hegemony · Skepticism · Blockchain Technology Applications and Security · Crime, Illicit Activities, and Governance · Cuban History and Society

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