Bitcoin

the innovation of cryptomoed investments

Authors

  • Gustavo Holzmann Universidade do Contestado (UNC)
  • Michel Scotti Universidade do Contestado (UNC)

DOI:

https://doi.org/10.24302/acaddir.v4.3288

Keywords:

Bitcoin, Digital currency, Cryptocurrency, Legal analysis

Abstract

This paper proposes to present, in a conceptual way, the new monetary mechanisms in the form of electronic currencies, such as so-called cryptocurrencies, as well as to analyze the legal nature of Bitcoin and its effects on the brazilian legal system, verifying how brazilian law classifies the a priori institute. The research method was essentially bibliographic, analyzing scientific articles, institutional documents and doctrines. Due to the technical specificity of cryptocurrencies, the study was limited to electronic currency called Bitcoins. Initially, a brief history of the emergence of Bitcoins was presented in order to clarify this innovative proposal for online electronic financial transaction. Subsequently, the basic concepts, characteristics and operating mode of these were changed. Once the technical assumptions indispensable to the present study are defined, the functions of Bitcoins such as online money, their benefits and challenges in relation to volatility are analyzed, and mainly the legal aspects in relation to security and purpose features.

Author Biographies

  • Gustavo Holzmann, Universidade do Contestado (UNC)

    Acadêmico da 10º fase do Curso de Direito da Universidade do Contestado. Campus Concórdia. Santa Catarina. Brasil.

  • Michel Scotti, Universidade do Contestado (UNC)

    Professor Titular da Graduação em Direito na Universidade do Contestado – UnC. Mestrando do Programa de Pós-graduação em Direito/UNOESC.  Membro da Ordem dos Advogados do Brasil seccionais de Santa Catarina e Rio Grande do Sul. Pós-graduado em Direito Privado pela Universidade Estadual de Londrina – UEL. Pós-Graduado em Direito Constitucional pela Fundação Escola do Ministério Público do Estado do Paraná – FEMPAR.

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Published

2022-09-29

Issue

Vol. 4 (2022)

Section

Artigos

License

Copyright (c) 2022 Academia de Direito

Creative Commons License

This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.

How to Cite

HOLZMANN, Gustavo; SCOTTI, Michel. Bitcoin: the innovation of cryptomoed investments. Academia de Direito, [S. l.], v. 4, p. 1451–1475, 2022. DOI: 10.24302/acaddir.v4.3288. Disponível em: https://periodicos.unc.br/index.php/acaddir/article/view/3288. Acesso em: 7 jun. 2025.