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Starting with BitTorrent and then Bitcoin, decentralized technologies have been on the rise over the last 15+ years … organizations. The hype around cryptocurrency and the valuation of innovative projects drove the market cap of cryptocurrencies to … opportunity in exponential cryptocurrency returns. This extracts value from these ecosystems, which could lead to their collapse …
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Bitcoin or Facebook's Diem, and chose the tax evasion probability for each currency. The government chose, for each currency …
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Central Bank Digital Currencies (CBDCs) enable negative interest rates. A game is analyzed between a central bank (accounting for the government’s interest) and a representative household choosing to consume, hold CBDC, or hold non-CBDC. The central bank chooses negative interest rate when it...
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assets between the home currency and the cryptocurrency, while the government decides the probability of seizing a fraction …
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