Cryptocurrencies are a wonderful vehicle for speculation, but for political and monetary authorities, the issue is more worrying and needs to be debated. Yet these virtual currencies are full of several economic issues.

A crypto-currency is a virtual or electronic currency because it only circulates in a totally digital form and therefore not real. Cryptocurrency technology was invented after the financial crisis of 2007-2008, with the aim on the one hand of circumventing the regulation of financial systems and on the other hand of avoiding the exorbitant fees associated with financial services. Cryptocurrency is traded through a decentralized computer system called the blockchain and is based on anonymity. If the system is described as a scam system by detractors, it should be noted that the meeting of parliamentarians on the challenges of crypto-currencies in the ECOWAS space, tenuous from July 6 to 10, 2021, in the country's capital men of integrity (Ouagadougou), has become the legalized argument of the defenders of cryptocurrency.

Cryptocurrency unlike the dollar, euro, yuan, FCFA, is not legal tender in any economy and therefore is not accepted by all economic actors as a means of payment or intermediary of exchanges. Legal tender currencies are issued, regulated and serve as an instrument of monetary policy for issuing central banks but cryptocurrencies are neither issued nor controlled by a central bank. If young people are so much more interested in crypto-currency, the goal is to make a place for themselves at the table of the grown-ups by winning the jackpot. But placing one's liquidity in crypto-currencies constitutes capital flight, feeding tax havens and possible financing of illicit activities without our knowledge.