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We analyze how network effects affect competition in the nascent cryptocurrency market. We do so by examining the …-take-all effect is dominant early in the market. During this period, when Bitcoin becomes more valuable against the U.S. dollar, it … later period are consistent with the use of cryptocurrencies as financial assets (popularized by Bitcoin), and not …
Persistent link: https://www.econbiz.de/10010933643
На текущий момент времени ни в одной стране мира нет должным образом сформированной законодательной базы, регулирующей эмиссию и обращение биткоина. По мнению...
Persistent link: https://www.econbiz.de/10011269982
Финансовая сфера, как и все остальные стороны бизнеса, не избежала проникновения IT-технологий. Такие технологии не только ускорили все транзакции, но и сделали...
Persistent link: https://www.econbiz.de/10011270347
В данной работе авторами рассматривается пока еще не получивший широкого обсуждения в научных кругах один из сценариев развитияглобального мира после перехода...
Persistent link: https://www.econbiz.de/10011250876
potential problems with Bitcoin and propose some ideas for an alternative cryptocurrency. …This paper overviews the entire landscape of Bitcoin-like cryptocurrencies. Bitcoin has not emerged out of … cryptocurrency competition, but rather became a dominant currency as the first broad market based cryptocurrency. But there are more …
Persistent link: https://www.econbiz.de/10011106493
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
This paper discusses the potential and limitations of Bitcoin as a digital currency. Bitcoin as a digital asset has … Bitcoin as a currency. Bitcoin was designed as a payments vehicle and as a store of value (or speculation). It has no use bar … as money or currency. Despite recent enthusiasm for Bitcoin, it seems very unlikely that currencies provided by central …
Persistent link: https://www.econbiz.de/10011082555
We analyze how network effects affect competition in the nascent cryptocurrency market. We do so by examining the …-take-all effect is dominant early in the market. During this period, when Bitcoin becomes more valuable against the U.S. dollar, it … later period are consistent with the use of cryptocurrencies as financial assets (popularized by Bitcoin), and not …
Persistent link: https://www.econbiz.de/10011084460
arbitrage opportunity will exist to direct mining effort at that cryptocurrency and subsequently exchange those for bitcoin …Bitcoin has become the de facto 'gold' standard among cryptocurrencies as it is the most widely accepted in commerce … cryptocurrencies will tend to convert those altcoins into bitcoin in order to transact in a meaningful way with the real economy. The …
Persistent link: https://www.econbiz.de/10011208257
In this paper, we investigate cross-correlations between crude oil and agricultural commodity markets. Based on a popular statistical test proposed by Podobnik et al. (2009), we find that the linear return cross-correlations are significant at larger lag lengths and the volatility...
Persistent link: https://www.econbiz.de/10010874171