...This chapter examines the legal nature of lex monetae in order to establish what control rights a non-state creator of a crypto-payment token which is accepted by a state might have over the circulation of that token after it passes into currency. This analysis draws heavily on FA...

..., German law would have had to be applied. The distinction was in no way related to the bonds of the Austrian railway companies, and should not be connected with the modern distinction between lex causae and lex monetae. The Imperial Court, in contrast, replaced...