Introduction
Part I: Bitcoin, a high-tech Hayekian dream?
Introduction to Part I
1. Price stability and the non-neutrality of money
2. The bitter joke of The Denationalisation of Money
3. Is Bitcoin Hayekian ?
Conclusion to Part I
Part II: What can DeFi do and cannot do?
Introduction to Part II
4.The ecosystem of decentralised finance
5. Risk management in decentralised finance
6. The DeFi trilemma, lazy pawnbrokers, and beyond
7. Is DeFi a dead-end?
Conclusion to Part II
General Conclusion
Bibliography
Biography
Loïc Sauce is an Associate Professor of Economics at ISTEC Business School in Paris. After obtaining his PhD in economics in 2010 from Nice Sophia-Antipolis University, he did his postdoctoral studies at New York University. He first heard about Bitcoin back in 2012. Since then, he has been fascinated with the innovativeness and vision of the crypto-ecosystem and decentralised finance that provide innovative financial services and reshape how individuals and organisations communicate, exchange, interact, and make collective decisions in the digital world. His current research focuses on decentralised finance, financial innovation, Austrian economics, and the history of economic thought.
