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In 2009, a curious new virtual currency called Bitcoin made its first appearance on the Internet. While it remains a … “niche” currency relative to other major denominations like the U.S. dollar, Bitcoin has experienced significant growth since … each. Today, Bitcoin's total market capitalization is about $6 billion, and in the past it has been as high as $13 billion …
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Can Bitcoin remain tamper proof in the long run? We use block-level data from the Bitcoin blockchain to estimate the … identify an aggregate demand curve for bitcoin transactions. We find that Segwit has reduced fee revenue by about 70%. Fee …
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1. History of Money -- 2. Bitcoin -- 3. Ethereum -- 4. The Emergence of New Blockchains and Crypto-Assets -- 5. The … Technology Behind Bitcoin: Blockchain -- 6. Cryptocurrencies -- 7. Stablecoins -- 8. Central Bank Digital Currencies -- 9 ….-12. Security Tokens -- 13. Non-Fungible Tokens -- 14. Bitcoin and Crypto Mining -- 15. Asset Creation and Distribution …
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Digital platforms, such as Alibaba and Amazon, operate an online marketplace to facilitate transactions. This paper studies a platform's business model choice between accepting cash and issuing tokens, as well as the implications for welfare, resiliency, and interoperability. A cash platform...
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