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reflected systematically in the price of gold and, hence, that gold price movements, under the maintained hypothesis, should … of gold prices on exchange rates conditional on other monetary and real macroeconomic variables, and applies the …
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investigation of gold. The results show that bitcoin can clearly be used as a hedge against stocks in the Financial Times Stock … possess some of the same hedging abilities as gold and can be included in the variety of tools available to market analysts to …
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This paper imagines a world in which countries are on the Bitcoin standard, a monetary system in which all media of … the gold standard and describes the media of exchange that would exist under the Bitcoin standard. Because the Bitcoin … standard would closely resemble the gold standard, the paper explores the lessons about how it would perform by examining the …
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