English

CryptoRuble: From Russia with Love

General Finance 2019-01-28 v1 Economics

Abstract

We discuss Russia's underlying motives for issuing its government-backed cryptocurrency, CryptoRuble, and the implications thereof and of other likely-soon-forthcoming government-issued cryptocurrencies to some stakeholders (populace, governments, economy, finance, etc.), existing decentralized cryptocurrencies (such as Bitcoin and Ethereum), as well as the future of the world monetary system (the role of the U.S. therein and a necessity for the U.S. to issue CryptoDollar), including a future algorithmic universal world currency that may also emerge. We further provide a comprehensive list of references on cryptocurrencies.

Cite

@article{arxiv.1801.05760,
  title  = {CryptoRuble: From Russia with Love},
  author = {Zura Kakushadze and Jim Kyung-Soo Liew},
  journal= {arXiv preprint arXiv:1801.05760},
  year   = {2019}
}

Comments

20 pages

R2 v1 2026-06-22T23:48:02.421Z