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The author researches a singular monetary situation connected with the common issue of commemorative coin age by two states: Ireland, an EU member state that belongs to the Euro-system, and Croatia, an EU membership candidate. Although they belong to two different monetary systems, the two...
Persistent link: https://www.econbiz.de/10012772128
"In Search of the Eternal Coin: A Long Finance View of History" provides a history of the eternal coin. Richard Veryard summarises some of the main themes of the paper: "The eternal coin is an imaginary construct (Cooper calls it a thought experiment), so it's a curious kind of history,...
Persistent link: https://www.econbiz.de/10012825276
Persistent link: https://www.econbiz.de/10012874349
When money was made of gold and silver, individuals faced the problem of determining the intrinsic content of coins in … commodity money system: coin assaying. To that goal we build a model of search and matching in which agents trade using coins … coins for a fee. We consider two sources of imperfect information: counterfeit coins and clipping. With counterfeits we show …
Persistent link: https://www.econbiz.de/10013048035
In this article we describe a new system for using digital currency called Nitcoins. It is similar to Bitcoins and is suitable for an Institute of higher education. We describe a setup where students can learn about auditing, accounting, interest rates, investments, cash flow, security, privacy,...
Persistent link: https://www.econbiz.de/10013023466
public open ledger blockchain coin, it has its weaknesses in privacy and anonymity. In the recent decade numerous coins have … been initiated as privacy coins, which try to tackle these weaknesses. This research compares mostly mature privacy coins … to Bitcoin, and comparison is made from a price perspective. It seems that Bitcoin is leading privacy coins in price …
Persistent link: https://www.econbiz.de/10012626564
Existing cryptocurrencies are too volatile to be used as currencies for daily payments. Stable coins, which are … leveraged investment instruments (class B and B′ coins). Our investigation of the values of stable coins in presence of jump …
Persistent link: https://www.econbiz.de/10013224605
The procedure of tossing quantum coins and dice is described. This case is an important example of a quantum procedure …
Persistent link: https://www.econbiz.de/10013233404
After the Global Financial Crisis, central banks became identified as banks’ closest allies, rescuing them from failure when things go wrong. Banks, in turn, emerged as complex and unstable institutions that privatize profits and socialize losses, to the despair of taxpayers. And regulation...
Persistent link: https://www.econbiz.de/10013241568
offerings (ICOs) involve the sale or other distribution of cryptocurrency coins or tokens, typically with the aid of white … extended arguments for how users of the coins and society in general could benefit from a new way of organizing economic … could shield truthful speech and subjective opinions about new crypto coins from some of the worst chilling effects of U …
Persistent link: https://www.econbiz.de/10013249421