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License: CC BY
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Evaluating Lawyers' Perceptions of Cryptocurrency Regulation in Ecuador Using Plithogenic Statistics and an Indeterminate Likert Scale

Authors: Rene Estalin Portilla Paguay; Jairo Mauricio Puetate Paúcar; Vanessa Lisseth Montenegro Altamirano;

Evaluating Lawyers' Perceptions of Cryptocurrency Regulation in Ecuador Using Plithogenic Statistics and an Indeterminate Likert Scale

Abstract

An issue worthy of exploration is how lawyers view crypto currency regulation in Ecuador because many factors could take place to facilitate effective policy under an uncertain and complex present state. Thus, the overarching problem this study seeks to resolve is that without consideration of the lawyer's point of view to gauge present regulatory action, a large gap exists from the angel of the gap that prevents regulation from being at the level it's supposed to be. Therefore, undertaking the consideration of how these professionals view the matter will help avoid missteps in establishing a more effective policy or corrective action policy. Given that crypto currency is becoming more and more important to economies worldwide, assessing how lawyers feel is vital to identifying levels that could be truly effective. While studies exist with crypto currency, studies exist with regulation, few studies exist where there's a high level of integration with indeterminacy and complexity. Thus, this study is designed to address this gap by showing the application of plithogenic analytics and the indeterminate Likert scale as practical methods for an approach where civilians' sentiments are ruled by uncertainty. An incalculably prepared survey inquired, and subsequently linear statistical regression after the survey applies assesses whether lawyers in Ecuador believe there are legal certainty, legitimacy, anonymity, necessity for innovation, operability shortcomings, and consumer safeguards through significant levels. This generates a correlational assessment that supports universality of factors but also nuances and differences of opinion based on gender and professional designations. Ultimately, two contributions arise from findings; they represent the first time something so new has been applied to approach a complicated mindset ruled by uncertainty and second, they indicate to legislators and practitioners that action in the present must change with an emphasis on improved certainty and consensus into present course. Ultimately this study advances theory and practicality by providing future researchers and lawmakers with guidance that can change legislative action for effective and unified regulation going forward.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green