The new virtual finance phenomenon, the so -called cryptocurrencies, have not yet been analyzed by the Pope. Although he Pope Francis He still did not refer to the issue does not mean that there are no church specialists who do not know cryptocurrencies, which are digital media that use cryptography to ensure transactions, Blockchain that are data chains or financial transmissions that cannot be altered, or the bitcoin, which is a decentralized cryptocurrency and a payment system that does not require the central bank or unique administration for its operation because it operates in a network of nodes.
Augusto Zampini Davies, Priest and moral theologian, worked five years in the Vatican and there he received the first proposals for the government of the Pope Francis He joins digital finances. They were going to see him because this priest has his peculiarity. Before ordering Cura was received as a lawyer, he worked at the Argentine Central Bank, then he was a manager of the country’s first AFJP and integrated an international legal study in the defense of multinational companies.
At 40, Zampini deepened his studies of science and faith. Hence, he lived 15 years in England where he trained in moral theology, with a doctorate and post -documented, but it was in the Holy See that Jorge Mario Bergoglio put him to the test. One of the most difficult tasks entrusted to him was the preparation of an unpublished encounter in the history of the Church, the Amazon Synod, where for the first time a territory and its particular population were the attention for almost a month of sessions in the Vatican.
Zampini Davies at age 50 came out, every afternoon, from the Vatican by bicycle and with the Clerriman put to the Testévere neighborhoodto the San Calixto Palace, where the Dicasterio of Integral Human Development works. He had no rest. A few months later, the Argentine Pope commissioned another task: The Covid-19 Commission. He had to interact with studies centers, scientists, businessmen, union leaders, politicians, economists, intellectuals and churches, churches, that they wanted to find the hole to the mate, that is, a solution to the dilemmas of the pandemic that paralyzed the planet.
He was then restored to his diocese. Now in Moto connects all his university work and attends weekends in a parish. He is the current bishop of San Isidro, Guillermo Caridewhich directed the economy of the Argentine Episcopal Conference (CEA) for several years, who presents it to talk about the complex world of new virtual finances in the light of the Gospel.
Thursday in the radio program I pray x me The priest and finance expert spoke with this journalist and categorical: “We should not demonize cryptocurrencies” And he added: “They have their positive side from the individual by helping people without financial footprints, who are not in banks, so they cannot ask for a loan, they do not have a registered salary and cannot get credits. Cryptocurrency as it is deregulated allows you to easily access. But if only those who have the gap increases the most. It can be good, but care can be used for exploitation because it has a lot of volatility. It can help society, but careful spends a lot of energy and who regulates it. ”
In the Dicastery (for us Ministry) of the Vatican where Zampini worked, they covered economics, ecology, ligating to finances, and there he rubbed into whom the Bank of England, the Italian-American economist, based on England, Mariana Mazzuco, or the creator of the “Dona Economy”, which seeks to grow within the planetary limits.
Of that environment that this priest asks to analyze the cryptocurrency “Not forgetting the four pillars of the social doctrine of the Church, as if it were a table. The first leg is human dignityGod created us unique and unrepeatable, it is individualism, personal rights and freedom, but created us in society, in relation, then the other for is the common good, everything that does not promote social good good does not make it flourish The person will make happy. ”
For Augusto Zampini The other two legs of the table of the Church’s social doctrine are subsidiarity and solidarity: “Each is responsible for his brother, soldier or co -responsible, God’s question to Cain: Where is your brother? The cryptocurrency can allow greater access to solidarity projects, for example, now that the United States is withdrawing international cooperation then those who have cryptocurrency could solve the aid by not having the centrality of the United States Treasury. ”
Then he asked in the report to make a parallel with the ordinary currency. “I buy dollars, I get a fixed deadline, inflation eats you that income, so you must seek to stabilize the currency, that the Central Bank takes place. Let’s see that cryptocurrency is very volatile because it has no regulation, it is subject to the supply and demand of the market of that currency. Just deregulation is wonderful, but the risk is high volatility and scams. The cryptocurrency in itself does not generate the scam is the responsibility of those who handle, ”he said.
Then, the finance theologian reports that in our country “in 2017 the National Securities Commission took out a resolution alerting the risk of cryptocurrencies and last year the CNV opened a record by resolution the ‘Registry of Virtual Assets Suppliers’ . This for companies you have to show that you have a virtual wallet to know what you put on and thus limit the risks of scams. It’s like banks, but much less regulated, allows you to know the players, players, but if you are not even registered there are more risks, more volatibility. ”
The priest, former lawyer in finance, cites the book “The social doctrine of the Church Our best saved secret”, which recognizes “is so good that it is used by Christian and Protestant churches, and we do not know it”, and there There is one of the respects of Finance, an encyclical of Benedict XVI where he wrote: “We cannot promote a financial economy to the detriment of the real economy.”
Finance cannot be used as a casino. Pope Francis confirms it with Laudato Si and Fratelli Tutti, but to those who accuse him of a communist, see Robert Shiller, nothing to do with the church and a financing Nobel Prize, he says more or less the same as us: finances must be used for the real economy because if they do not help people ”and to close the interview Augusto Zampini Davies left a warning: “Casinos can be in any currency. We do not want a casino economy, we want an economy that produces goods, services, work and helps the individual person and the common good. We must look critically from the social doctrine of the Church to this new technology that has potential, but be careful. ”
It was San Pablo VI, on December 7, 1965, who wrote Pastoral Constitution “Gaudium et Spes”, after the Vatican Ecumenical Council II where he says: “The first capital that has to safeguard and value is man, the person in his integrity: for man is the author, the center and the end of all economic-social life.” This appointment was recalled by Pope Benedict XIV in “Caritas in Verite”, in 2009, after the last great bank crisis in 2008.
Source: Ambito
