„The price consists in a sum of money.” From the account
currency to the virtual currency (and backwards) Cover Image
  • Price 2.00 €

„Preţul constă într-o sumă de bani.” De la moneda de cont la „moneda” virtuală (şi înapoi)
„The price consists in a sum of money.” From the account currency to the virtual currency (and backwards)

Author(s): Bercea Lucian
Subject(s): Law, Constitution, Jurisprudence
Published by: Universul Juridic
Keywords: money; currency; account currency; electronic currency; virtual currency; virtual currency scheme; sale; price; Bitcoin;

Summary/Abstract: This study represents a critical analysis of the potential expansion of the sphere of the concept of money as a result of the creation of virtual currency schemes. The analysis has as a starting point the condition of validity regarding the sales contract, namely the fixing of the price in money. The recognition of currencies and the regulation of monetary forms are essential conditions for the monetary classification. The emerging virtual “currencies” do not fulfil, for the time being, such requirements.

  • Issue Year: 2017
  • Issue No: 03
  • Page Range: 63-74
  • Page Count: 12
  • Language: Romanian