TITLE:
In Search of Theories of Digital Currency Economics: A Taxonomy of Viewpoints for Empirical Analysis
AUTHORS:
Deodat E. Adenutsi
KEYWORDS:
Digital Currency Economics, Taxonomy of Viewpoints, Inclusive Globalisation, Environmental Sustainability, Monetary Policy, Financial Sustainability
JOURNAL NAME:
Theoretical Economics Letters,
Vol.14 No.6,
December
24,
2024
ABSTRACT: This study addresses a significant gap in digital currency economics by developing a standardised taxonomy of theoretical viewpoints to enhance clarity, coherence, and applicability in policy and research. The field of digital currency economics has seen a proliferation of theories, yet lacks a structured categorisation system that integrates these theories into a unified research framework. By employing a qualitative, four-step systematic content analysis, the study examines existing literature to identify core principles and recurring themes, categorising digital currency viewpoints across nine distinct theoretical frameworks. These include the proposed Digital Currency Theory of Inclusive Globalisation, which addresses the socioeconomic potential of digital currencies, and the Theory of Digital Currency Environmental Sustainability, which emphasises ecological considerations. The proposed taxonomy serves as a structured lexicon that simplifies the integration of digital currency theories into academic and policy discussions, enhancing cross-disciplinary discourse. This foundation not only facilitates informed policy decisions but also fosters innovation in digital currency applications and offers a framework for advancing empirical research in this evolving field.