{"id":162796,"date":"2022-02-18T12:40:11","date_gmt":"2022-02-18T04:40:11","guid":{"rendered":"https:\/\/www.hkubs.hku.hk\/research\/thought-leadership\/to-imagine-the-future-of-digital-currencies-dr-yang-you-2\/"},"modified":"2022-02-18T15:29:21","modified_gmt":"2022-02-18T07:29:21","slug":"to-imagine-the-future-of-digital-currencies-dr-yang-you-2","status":"publish","type":"thought-leadership","link":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/global-scholars\/to-imagine-the-future-of-digital-currencies-dr-yang-you-2\/","title":{"rendered":"\u6784\u60f3\u865a\u62df\u8d27\u5e01\u7684\u672a\u6765 \u2013 \u6e38\u6768\u535a\u58eb"},"content":{"rendered":"<p>\u5343\u53d8\u4e07\u5316\u7684\u91d1\u878d\u4e16\u754c\u4e00\u76f4\u6df1\u6df1\u5438\u5f15\u7740\u6e38\u6768\u535a\u58eb\uff0c\u9a71\u4f7f\u4ed6\u8e0f\u4e0a\u6c42\u77e5\u7684\u9053\u8def\uff0c\u4ee5\u79d1\u5b66\u548c\u5ba2\u89c2\u7684\u5b66\u672f\u7406\u8bba\u63a2\u7d22\u5f53\u4e2d\u7684\u5965\u5999\u3002\u6e38\u535a\u58eb\u7acb\u5fd7\u7a77\u6bd5\u751f\u7cbe\u529b\u5728\u77e5\u8bc6\u524d\u6cbf\u4e0a\u63a8\u9648\u51fa\u65b0\uff0c\u4ed6\u57282021\u5e747\u6708\u52a0\u5165\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u62c5\u4efb\u91d1\u878d\u5b66\u52a9\u7406\u6559\u6388\u3002<\/p>\n<p><strong>\u575a\u6301\u521b\u9020\u77e5\u8bc6\u4e0d\u5fd8\u521d\u5fc3<\/strong><\/p>\n<p>\u300c\u91d1\u878d\u5e02\u573a\u662f\u4e00\u4e2a\u5f88\u7279\u522b\u7684\u9886\u57df\uff0c\u4e0e\u6b64\u76f8\u5173\u7684\u8bae\u9898\u591a\u5982\u7e41\u661f\uff0c\u800c\u5b83\u4eec\u4ea6\u4e0e\u666e\u7f57\u5927\u4f17\u7684\u751f\u6d3b\u606f\u606f\u76f8\u5173\u3002\u4ee5\u4e0d\u65ad\u6500\u5347\u7684\u697c\u4ef7\u548c\u6ce2\u5e45\u4e0d\u5b9a\u7684\u80a1\u5e02\u4e3a\u4f8b\uff0c\u5404\u5730\u653f\u5e9c\u90fd\u4e00\u76f4\u81f4\u529b\u7814\u7a76\u4e0d\u540c\u7684\u653f\u7b56\u5e94\u5bf9\u3002\u7136\u800c\u5546\u754c\u4ea6\u4e0d\u65ad\u8c03\u6574\u63aa\u65bd\uff0c\u4ee5\u4fdd\u969c\u81ea\u8eab\u7684\u6743\u76ca\u3002\u4e0d\u540c\u6301\u4efd\u8005\u4e4b\u95f4\u7684\u89d2\u529b\uff0c\u4ee5\u53ca\u4ed6\u4eec\u4e4b\u95f4\u9519\u7efc\u590d\u6742\u7684\u5173\u7cfb\u771f\u7684\u975e\u5e38\u523a\u6fc0\u3002\u8fd9\u9a71\u4f7f\u6211\u4ece\u793e\u4f1a\u98ce\u6c14\u3001\u6587\u5316\u4ee5\u53ca\u5236\u5ea6\u7684\u89d2\u5ea6\uff0c\u7814\u7a76\u8fd9\u4e9b\u91d1\u878d\u653f\u7b56\u6240\u5e26\u6765\u7684\u5f71\u54cd\u3002\u300d\u6e38\u535a\u58eb\u8bf4\u3002\u4f46\u88ab\u95ee\u5230\u4e3a\u4ec0\u4e48\u4ed6\u4e0d\u9009\u62e9\u8d70\u8fdb\u5e90\u5c71\uff0c\u4ece\u653f\u6216\u6210\u4e3a\u516c\u4ec6\uff0c\u6e38\u535a\u58eb\u7b11\u8a00\u5b66\u754c\u624d\u662f\u6700\u9002\u5408\u81ea\u5df1\u7684\u5f52\u5bbf\uff1a\u300c\u5b66\u8005\u4eec\u53d1\u8868\u7684\u7814\u7a76\u4e0e\u4ed6\u4eec\u7684\u6536\u5165\u5e77\u4e0d\u6302\u52fe\u3002\u8eab\u5904\u5b66\u672f\u6bbf\u5802\uff0c\u5b66\u8005\u53ef\u4ee5\u968f\u5fc3\u6240\u6b32\u5730\u7814\u7a76\u4e0d\u540c\u7684\u53ef\u80fd\u6027\u3001\u6784\u601d\u65b0\u7684\u672a\u6765\uff0c\u6210\u4e3a\u771f\u771f\u6b63\u6b63\u7684\u601d\u7ef4\u9886\u5bfc\u3002\u300d<\/p>\n<p>\u6210\u4e3a\u6e2f\u5927\u5b66\u8005\u524d\uff0c\u6e38\u535a\u58eb\u66fe\u5728\u7f8e\u56fd\u67d0\u91cf\u5316\u81ea\u8425\u4ea4\u6613\u57fa\u91d1\u4e2d\u62c5\u4efb\u91cf\u5316\u4ea4\u6613\u5458\uff0c\u4ea6\u66fe\u4e3a\u8138\u4e66\u7684\u865a\u62df\u8d27\u5e01\u56e2\u961f\u63d0\u4f9b\u987e\u95ee\u670d\u52a1\u3002\u6e38\u535a\u58eb\u4e00\u8e0f\u51fa\u6821\u95e8\u540e\u4fbf\u65cb\u5373\u664b\u8eab\u9ad8\u7aef\u91d1\u878d\u5708\uff0c\u4ed6\u7684\u5546\u754c\u751f\u6daf\uff0c\u53ef\u4ee5\u8bf4\u662f\u8bf8\u591a\u7ecf\u7ba1\u5b66\u5b50\u68a6\u5bd0\u4ee5\u6c42\u7684\u7406\u60f3\u4eba\u751f\u3002\u4f46\u6e38\u535a\u58eb\u5e77\u672a\u56e0\u4e3a\u8fd9\u6bb5\u7ecf\u5386\u800c\u5fd8\u8bb0\u521d\u5fc3\uff0c\u53cd\u5012\u4ee4\u4ed6\u6210\u4e3a\u5b66\u8005\u7684\u68a6\u60f3\u66f4\u575a\u5b9a\u3002\u4ed6\u8bf4\uff1a\u300c\u4e0d\u8981\u8bef\u4f1a\uff0c\u6211\u975e\u5e38\u73cd\u60dc\u5728\u91cf\u5316\u57fa\u91d1\u5de5\u4f5c\u7684\u7ecf\u5386\u3002\u76f4\u5230\u8fd9\u4e00\u523b\uff0c\u6211\u4f9d\u7136\u89c9\u5f97\u81ea\u5df1\u5f88\u5e78\u8fd0\uff0c\u80fd\u591f\u6709\u673a\u4f1a\u53c2\u4e0e\u7f16\u5199\u548c\u6267\u884c\u4e0d\u540c\u7684\u4ea4\u6613\u7b97\u6cd5\uff0c\u5e76\u5728\u8fc7\u7a0b\u4e2d\u5b66\u4f1a\u5404\u7c7b\u6295\u8d44\u7b56\u7565\u7684\u6ce8\u610f\u4e8b\u9879\u3002\u4f46\u91d1\u878d\u4ece\u4e1a\u5458\u5927\u591a\u4e0d\u613f\u610f\u82b1\u65f6\u95f4\uff0c\u7814\u7a76\u4ea4\u6613\u7b97\u6cd5\u80fd\u6210\u529f\u83b7\u5229\u80cc\u540e\u7684\u539f\u56e0\uff0c\u6216\u5efa\u7acb\u4e00\u5957\u79d1\u5b66\u548c\u5ba2\u89c2\u7684\u7406\u8bba\u4f5c\u51fa\u89e3\u91ca\uff0c\u56e0\u6b64\u56de\u5230\u5b66\u754c\u8ffd\u5bfb\u81ea\u5df1\u7684\u7406\u60f3\u3002\u300d<\/p>\n<p>\u4f5c\u4e3a\u4e00\u540d\u7acb\u5fd7\u63a2\u7d22\u672a\u77e5\u77e5\u8bc6\u7684\u5b66\u8005\uff0c\u865a\u62df\u8d27\u5e01\u7684\u4e0d\u786e\u5b9a\u6027\u3001\u4e0d\u7a33\u5b9a\u6027\u548c\u6781\u5177\u7834\u574f\u6027\u7684\u672c\u8d28\uff0c\u5927\u5927\u52fe\u8d77\u4e86\u6e38\u535a\u58eb\u7684\u7814\u7a76\u610f\u6b32\u3002\u7a76\u7adf\u865a\u62df\u8d27\u5e01\u4f1a\u5426\u6253\u7834\u7f8e\u5143\u9738\u6743\u7684\u5730\u4f4d\uff1f\u8de8\u5883\u8d38\u6613\u7684\u6280\u672f\u58c1\u5792\uff0c\u4f1a\u5426\u56e0\u4e3a\u865a\u62df\u8d27\u5e01\u4e2d\u7684\u533a\u5757\u94fe\u6280\u672f\u800c\u4ece\u6b64\u6d88\u5931\uff1f\u6210\u4e3a\u5b66\u8005\u540e\uff0c\u6e38\u535a\u58eb\u62e5\u6709\u8fd1\u4e4e\u65e0\u9650\u7684\u65f6\u95f4\u8fdb\u884c\u5b66\u672f\u7814\u7a76\u3002\u4ed6\u5df2\u7ecf\u51c6\u5907\u597d\u5229\u7528\u81ea\u5df1\u7684\u91d1\u878d\u5929\u8d4b\uff0c\u521b\u9020\u53ca\u63a2\u7d22\u5404\u7c7b\u8d85\u4e4e\u60f3\u50cf\u7684\u65b0\u77e5\u8bc6\u3002\u4ed6\u6700\u8fd1\u7684\u4e00\u7bc7<a href=\"https:\/\/www.nber.org\/system\/files\/working_papers\/w26464\/w26464.pdf\" class=\"el-processed external\" target=\"_blank\" rel=\"noopener noreferrer\">\u8bba\u6587<\/a>\u5c31\u7814\u7a76\u4e86\u5e73\u53f0\u4f01\u4e1a\u80fd\u5426\u63a8\u52a8\u865a\u62df\u8d27\u5e01\u666e\u53ca\u5316\u3002<\/p>\n<p><strong>\u6784\u60f3\u4e00\u4e2a\u5e73\u53f0\u4f01\u4e1a\u517c\u4efb\u4e2d\u592e\u94f6\u884c\u7684\u672a\u6765<\/strong><\/p>\n<p>\u7535\u5b50\u793c\u5238\u548c\u8d2d\u7269\u79ef\u5206\u5bf9\u4e00\u822c\u6d88\u8d39\u8005\u800c\u8a00\u5e76\u4e0d\u964c\u751f\u3002\u5927\u4f17\u4e0d\u65f6\u4f1a\u5229\u7528\u8fd9\u7c7b\u7535\u5b50\u8d27\u5e01\u5728\u7279\u5b9a\u7684\u5e73\u53f0\u4e0a\u5151\u6362\u5404\u7c7b\u4ea7\u54c1\u548c\u670d\u52a1\u3002\u4f46\u4f60\u66fe\u5426\u60f3\u8fc7\uff0c\u8fd9\u4e9b\u72ec\u6709\u7684\u7535\u5b50\u8d27\u5e01\u6709\u4e00\u5929\u4f1a\u4eab\u6709\u548c\u6cd5\u5b9a\u8d27\u5e01\u4e00\u6837\u7684\u5730\u4f4d\uff1f<\/p>\n<p>\u4e3a\u63a2\u7d22\u8fd9\u4e2a\u95ee\u9898\u7684\u53ef\u80fd\u6027\uff0c\u6e38\u535a\u58eb\u7814\u53d1\u4e86\u4e00\u4e2a\u7528\u4e8e\u8ffd\u8e2a\u53ef\u8d4e\u56de\u4ee3\u5e01\u7684\u6a21\u578b\uff0c\u63a2\u7d22\u8fd9\u7c7b\u4ee3\u5e01\u7684\u8bbe\u8ba1\u3001\u7279\u70b9\u548c\u4f9b\u5e94\u653f\u7b56\u3002\u6700\u7ec8\u6e38\u535a\u58eb\u548c\u4ed6\u7684\u56e2\u961f\u53d1\u73b0\uff0c\u9664\u975e\u8fd9\u4e9b\u4ee3\u5e01\u80fd\u4e3a\u6d88\u8d39\u8005\u5e26\u6765\u975e\u5e38\u53ef\u89c2\u7684\u4fbf\u5229\uff0c\u5426\u5219\u5e73\u53f0\u51b3\u4e0d\u4f1a\u7814\u53d1\u4e00\u79cd\u80fd\u591f\u5728\u4ed6\u4eec\u7684\u9500\u552e\u6e20\u9053\u4ee5\u5916\u80fd\u81ea\u7531\u5151\u6362\u7684\u4ee3\u5e01\u3002\u6e38\u535a\u58eb\u8fdb\u4e00\u6b65\u89e3\u6790\uff1a\u300c\u6211\u4eec\u8fdb\u884c\u4e86\u4e00\u7cfb\u5217\u7684\u7406\u8bba\u5206\u6790\uff0c\u7ed3\u679c\u53d1\u73b0\u53d1\u884c\u8fd9\u7c7b\u53ef\u81ea\u7531\u5151\u6362\u7684\u4ee3\u5e01\uff0c\u5bf9\u5e73\u53f0\u4f01\u4e1a\u800c\u8a00\u5e77\u4e0d\u5212\u7b97\u3002\u751a\u81f3\u5bf9\u963f\u91cc\u5df4\u5df4\u548c\u4e9a\u9a6c\u900a\u8fd9\u7c7b\u5bcc\u53ef\u654c\u56fd\u7684\u5e73\u53f0\u4f01\u4e1a\uff0c\u7ef4\u6301\u53ca\u53d1\u884c\u8d27\u5e01\u7684\u6210\u672c\u4f9d\u7136\u76f8\u5f53\u6602\u8d35\uff0c\u800c\u4e14\u4f1a\u4e25\u91cd\u635f\u5bb3\u4ed6\u4eec\u7684\u76c8\u5229\u3002\u300d\u6e38\u535a\u58eb\u8fd9\u9879\u7814\u7a76\u5f00\u521b\u4e86\u5b66\u754c\u5148\u6cb3\uff0c\u540c\u65f6\u56e2\u961f\u7814\u53d1\u7684\u4ee3\u5e01\u8ffd\u8e2a\u6a21\u578b\u522b\u6811\u4e00\u683c\uff0c\u6df1\u53d7\u5b66\u754c\u4e2d\u4eba\u6b23\u8d4f\u3002<\/p>\n<p><strong>\u6e2f\u5927\u4e43\u8de8\u5b66\u79d1\u7814\u7a76\u7684\u5e94\u8bb8\u4e4b\u5730<\/strong><\/p>\n<p>\u867d\u7136\u6e38\u535a\u58eb\u662f\u4e00\u540d\u91d1\u878d\u5b66\u8005\uff0c\u4f46\u4ed6\u7684\u7814\u7a76\u5374\u62e5\u6709\u6df1\u8fdc\u7684\u5b8f\u89c2\u7ecf\u6d4e\u5b66\u542f\u793a\u3002\u6e38\u535a\u58eb\u544a\u8bc9\u6211\u4eec\uff0c\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u81ea\u7531\u7684\u5b66\u672f\u98ce\u6c14\u5728\u4e9a\u6d32\u4e2d\u53ef\u8c13\u51e4\u6bdb\u9e9f\u89d2\uff0c\u975e\u5e38\u9002\u5408\u4ed6\u8fd9\u7c7b\u70ed\u8877\u4e8e\u8fdb\u884c\u8de8\u5b66\u79d1\u7814\u7a76\u7684\u5b66\u8005\u3002\u4ed6\u8bf4\uff1a\u300c\u5728\u6e2f\u5927\u9762\u8bd5\u91d1\u878d\u5b66\u52a9\u7406\u6559\u6388\u4e00\u804c\u65f6\uff0c\u6211\u76f4\u8a00\u81ea\u5df1\u9664\u4e86\u6709\u610f\u8fdb\u884c\u91d1\u878d\u5b66\u7684\u7814\u7a76\uff0c\u4ea6\u6709\u610f\u540c\u65f6\u8fdb\u884c\u4e00\u4e9b\u5173\u4e8e\u7ecf\u6d4e\u5b66\u7684\u7814\u7a76\u3002\u5b66\u9662\u975e\u5e38\u9f13\u52b1\u6211\u591a\u8fdb\u884c\u8de8\u5b66\u79d1\u7814\u7a76\uff0c\u5bfb\u627e\u81ea\u5df1\u5728\u5b66\u672f\u4e0a\u7684\u771f\u6b63\u5174\u8da3\u3002\u8fd9\u6bb5\u7ecf\u5386\u4ee4\u6211\u611f\u53d7\u5230\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u771f\u7684\u975e\u5e38\u91cd\u89c6\u5bf9\u5e74\u8f7b\u5b66\u8005\u7684\u683d\u57f9\u3002\u6211\u4ea6\u975e\u5e38\u671f\u5f85\u548c\u5b66\u9662\u5f00\u660e\u7684\u5b66\u8005\u5408\u4f5c\u3002\u300d<\/p>\n<p>\u5728\u8fd9\u4e2a\u5b66\u5e74\uff0c\u6e38\u535a\u58eb\u4f1a\u5728\u91d1\u878d\u5b66\u7855\u58eb\u8bfe\u7a0b\u548c\u91d1\u878d\u5b66\u7855\u58eb\uff08\u91d1\u878d\u79d1\u6280\uff09\u8bfe\u7a0b\u4e2d\u6267\u6559\u3002\u6e38\u535a\u58eb\u8ba4\u4e3a\uff0c\u5728\u9999\u6e2f\u8fd9\u4e2a\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u653b\u8bfb\u91d1\u878d\u5b66\u7855\u58eb\u7684\u4eba\uff0c\u5fc5\u7136\u662f\u4ee5\u664b\u8eab\u91d1\u878d\u5708\u4e3a\u4e3b\u8981\u76ee\u6807\u3002\u4f5c\u4e3a\u6559\u5e08\uff0c\u6e38\u535a\u58eb\u9f13\u52b1\u5b66\u5458\u52aa\u529b\u5b66\u4e60\u4e4b\u4f59\uff0c\u4ea6\u4f1a\u4e3b\u52a8\u4e86\u89e3\u672c\u5730\u5e02\u573a\u8fd0\u4f5c\u4ee5\u53ca\u9080\u8bf7\u96c7\u4e3b\u6765\u5230\u8bfe\u5802\u5206\u4eab\u4e1a\u754c\u7ecf\u9a8c\u3002<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"tags":[],"class_list":["post-162796","thought-leadership","type-thought-leadership","status-publish","hentry","leadership-topic-categories-global-scholars-sc"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/162796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership"}],"about":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/types\/thought-leadership"}],"version-history":[{"count":2,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/162796\/revisions"}],"predecessor-version":[{"id":162906,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/162796\/revisions\/162906"}],"wp:attachment":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/media?parent=162796"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/tags?post=162796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}