Bitcoin is a relatively new technology with much promise. As the world's first successful cryptocurrency, it seems …. I considered the popular justifications for regulating bitcoin with the idea of efficient regulation in mind. I also …

In a recent article, Yermack (2015) argues that bitcoin is not money because it functions poorly as a medium of … for bitcoin is comparable to the demand for many government-issued monies. Finally, we argue that bitcoin is money …

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 … digital currencies can become widespread and that Bitcoin is likely to limit governments' revenue from inflation …

bitcoin forum, bitcoin-list. I find that early participants in the bitcoin community understood the importance of coordination …

experiment: In September 2021, El Salvador became the first country in the world to make bitcoin legal tender, and all economic … agents were required to accept bitcoin for all payments. The Salvadorean government also launched an app, “Chivo Wallet …,” which allowed users to digitally trade both bitcoin and dollars, and gave major incentives to download it. We conduct a …

The emergence of digital currencies such as Bitcoin and the underlying blockchain and distribution ledger technology …