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Bitcoin is a digital cryptocurrency that has attracted substantial interest in recent years from the general people …, after 2015, it has succeeded to gain even more attention for increase in value and volume of exchange. The Bitcoin system … and present status of bitcoin blockchain in different countries around the world. The various aspects this technology in …
Persistent link: https://www.econbiz.de/10012913440
The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In section two the functions, benefits, and costs of a leading international currency are discussed. In section three key determinants for the continuous dominance of the US dollar...
Persistent link: https://www.econbiz.de/10013136590
The subject of study of monetary economy is money, its forms and functions and its economic and reproductive role. Since modern money is a very heterogeneous category, an adequate money issue policy makes it possible with particular forms of money to achieve some additional effects. This...
Persistent link: https://www.econbiz.de/10005260311
Commemorative coins made for circulation, in addition to their numismatic function, may affect monetary stability, if some prerequisites are fulfilled and certain measures of monetary policy implemented. Those who issue such commemorative coins may combine these functions to bring about some...
Persistent link: https://www.econbiz.de/10005621850
The anonymity of Bitcoin prevents analysis of its users. We collect Google Trends data to examine determinants of … interest in Bitcoin. Based on anecdotal evidence regarding Bitcoin users, we construct proxies for four possible clientele … search terms are positively correlated with Bitcoin interest, while Libertarian and investment terms are not. …
Persistent link: https://www.econbiz.de/10011107469
digital currencies can become widespread and that Bitcoin is likely to limit governments’ revenue from inflation. … with purely digital currencies. Current digital currencies such as Bitcoin use peer-to-peer networks and open … summarizes the rise of 24/7 trading on computerized markets in Bitcoin in which there are no brokers or other agents, a …
Persistent link: https://www.econbiz.de/10011108213
An article about the impact of digital currency into the global economy processes. The author analyzes working principle of cryptocurrency and electronic commerce, as well as expected economic and scientific implications of integration cryptocurrency into economy of Russian Federation.
Persistent link: https://www.econbiz.de/10011111510
The present paper seeks to effectively address the following question: What Bitcoin looks like? To do so, we regress … Bitcoin price on different variables (potential Bitcoin fundamentals recorded in the literature) by applying an ARDL Bounds … behavior of Bitcoin. This virtual currency may be also used for economic reasons. However, there is any sign of being a safe …
Persistent link: https://www.econbiz.de/10011112206
The present paper seeks to effectively address the following question: What Bitcoin looks like? To do so, we regress … Bitcoin price on a number of variables (Bitcoin fundamentals recorded in the literature) by applying an ARDL Bounds Testing … Bitcoin. We also provide insightful evidence that Bitcoin may be used for economic reasons but there is any sign of being a …
Persistent link: https://www.econbiz.de/10011113833
As globalization continues, businesses are increasingly importing and exporting from countries with different currencies. To conduct that business, they (whether one or both parties) must pay fees for exchanging one currency for another and they must determine the exchange rate for a particular...
Persistent link: https://www.econbiz.de/10005836848