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our problem allowing us to ask how old forms of money such as Gold and Silver hold up in today's world regarding their …The present work offers a review on two divergent schools of thought regarding the subject of money and highlights why … understanding it is important to grasp the workings and nature of the concept of money. We adopt a spontaneous order perspective on …
Persistent link: https://www.econbiz.de/10013170942
The blockchain is a technology that goes beyond timestamping, bitcoin and secure financial transactions. The …). The blockchain opens the door to the liquification of the physical world, to the economy of real-time micro …
Persistent link: https://www.econbiz.de/10011794645
securities law have the greatest adverse effect, followed by news on combating money laundering and the financing of terrorism …
Persistent link: https://www.econbiz.de/10012205633
Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable … electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand … curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable …
Persistent link: https://www.econbiz.de/10013383628
case of four cryptocurrencies (Bitcoin, Ethernam, Litecoin and Stellar) over the period 8/8/2015 - 28/2/2019. The analysis …
Persistent link: https://www.econbiz.de/10012026468
Employing representative data from the U.S. Survey of Consumer Payment Choice, we disprove the hypothesis that cryptocurrency investors are motivated by distrust in fiat currencies or regulated finance. Compared with the general population, investors show no differences in their level of...
Persistent link: https://www.econbiz.de/10012619271
We develop a novel firm-level measure of cybersecurity risk using textual analysis of cybersecurity-risk disclosures in … corporate filings. The measure successfully identifies firms extensively discussing cybersecurity risk in their 10-K, displays … intuitive relations with quantitative measures of cybersecurity risk disclosure language, exhibits a positive trend over time …
Persistent link: https://www.econbiz.de/10012387622
The Covid-19 pandemic has been a shock to retail payment behaviour. How have the changes differed across countries? What do they imply for the future of cash and digital payments? We assemble a new "Future of Payments" database on retail payment behaviour for up to 95 countries over September...
Persistent link: https://www.econbiz.de/10013536195
World Food Programme's global figure for cash-based transfers. These savings can help reduce hunger without additional …
Persistent link: https://www.econbiz.de/10014583810
bubbles are awed due to an insufficient consideration of the fundamental value of cryptocurrencies. As even fiat money is said … empirical analysis into the relationship of the prices of Etherum and Bitcoin. Evidence of explosive periods is found in the … price of Etherum even if this price is expressed in terms of Bitcoin rather than US Dollars. These periods, however, are …
Persistent link: https://www.econbiz.de/10012033146