The scope of this paper is to examine the
complications raised by technical innovations in the financial field (fintech).
The conclusion of this enquire is that the current institutional architecture
cannot guarantee monetary and financial sustainability as long as Governments
decide to reform it using the already available instruments (cryptocurrency,
blockchain, algorithms) instead of leaving them free to operate or limiting
their use as they are doing. The same goes for any tentative to restate bank
credibility forecasting money and financial instability starting from big data
treated with traditional econometric methods.
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