Money Talks: Using Cash and Bitcoin to Unpack the Political Economy of Financial Disintermediation

• In Event: New Frontiers in the Global Political Economy: Technology, Crypto, AI, and the Changing Landscape of Global Finance

Brief Overview

When do people use formal banks vs. cash/Bitcoin? Extending Hirschman's Exit-Voice-Loyalty to finance, I argue payment choices reflect political preferences. Citizens exit formal systems in autocratic contexts due to distrust or fear.

Author

• Ghita Chraibi, University of Virginia