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Cryptocurrency and Economic Inequality: A Global Economic Order Analysis
- 1 George Washington University
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Abstract
This article takes cryptocurrency as the research object and explores in depth its close relationship with economic inequality. Through literature analysis, case studies, and statistical data, this study examines the economic inequality caused by cryptocurrencies in countries and regions with different levels of economic development from the perspective of the global economic order. Research has found that the popularity and application of cryptocurrencies have not only promoted financial innovation, but also exacerbated wealth inequality. On the one hand, the high volatility and technological barriers of cryptocurrencies make it easier for high-income groups and early investors to profit from them, while low-income groups and ordinary investors face higher risks and barriers to participation; On the other hand, the decentralized nature of cryptocurrencies may weaken traditional financial regulatory systems and further widen the economic gap between developed and developing countries. This article further analyzes the fundamental mechanisms by which cryptocurrencies exacerbate economic inequality, including technological gaps, regulatory deficiencies, and capital concentration. Targeted strategies are proposed, such as strengthening global financial regulatory cooperation, promoting inclusive financial technology innovation, and enhancing public financial literacy. The research results provide theoretical support and practical reference for reducing economic inequality caused by cryptocurrencies, and have important practical significance for improving the global financial governance system.
Keywords
Cryptocurrency, economic inequality, global economic order, response strategies
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Cite this article
Sun,T. (2025). Cryptocurrency and Economic Inequality: A Global Economic Order Analysis. Lecture Notes in Education Psychology and Public Media,90,1-8.
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Volume title: Proceedings of the 3rd International Conference on Global Politics and Socio-Humanities
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