Some Economics of Private Digital Currency

This paper reviews some recent developments in digital currency focussing on platform-sponsored currencies such as Facebook Credits. In a model of platform management, we find that it will not likely be profitable for such currencies to expand to become fully convertible competitors to state-sponsored currencies

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Year of publication:	2019
Authors:	Gans, Joshua S.
Other Persons:	Halaburda, Hanna (contributor)
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Privatisierung \| Privatization \| Virtuelle Währung \| Virtual currency \| Elektronisches Geld \| Electronic money

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Extent:	1 Online-Ressource (28 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: "Economic Analysis of the Digital Economy," A. Goldfarb, S. Greenstein and C. Tucker (eds), The University of Chicago Press, 2015 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 23, 2013 erstellt
Other identifiers:	10.2139/ssrn.2297296 [DOI]
Classification:	D42 - Monopoly ; E4 - Money and Interest Rates ; L51 - Economics of Regulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012905278