Claeys, Gregory; Demertzis, Maria; Efstathiou, Konstantinos - 2018
is because of their inherent volatility, which is the by-product of their inelastic supply, and which limits their … widespread use as a medium of exchange. Cryptocurrency protocols could theoretically evolve to limit their volatility and correct … are the implications for central banks and monetary policy? Money is a social institution that serves as a unit of account …