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Persistent link: https://www.econbiz.de/10014228130
capitalizations, and Bitcoin's hash rate. These findings along with distinct features of Bitcoin resonate with the concept of Bitcoin …, Bitcoin's hash rate demonstrates heightened market exposure when contrasted with its price counterpart. While the value of the … US dollar exerts negative effects on both gold and Bitcoin, the latter's response is notably greater. Moreover, the …
Persistent link: https://www.econbiz.de/10014480660
capitalizations, and Bitcoin's hash rate. These findings along with distinct features of Bitcoin resonate with the concept of Bitcoin …, Bitcoin's hash rate demonstrates heightened market exposure when contrasted with its price counterpart. While the value of the … US dollar exerts negative effects on both gold and Bitcoin, the latter's response is notably greater. Moreover, the …
Persistent link: https://www.econbiz.de/10014433399
In the aftermath of the global economic collapse of 2008, policymakers from around the world have been considering regulations designed to reduce the risk of future economic turmoil. Their focus has been on powers and procedures designed to reduce systemic risk and to help ensure financial...
Persistent link: https://www.econbiz.de/10014195444
On March 31st, 2023, the Italian data protection authority found that ChatGPT violated data protection laws and banned the service in Italy, providing a natural experiment to assess the economic consequences of generative AI. Leveraging this event, we show that Italian firms with greater...
Persistent link: https://www.econbiz.de/10014353945
Bitcoin is the most successful cryptocurrency and one of the best types of private money ever. The blockchain … technology underlying bitcoin is presented with the spotlight on distributed consensus, allowing for proper understanding of its … an evolutionary, hardly disruptive, database technology. Instead, bitcoin can be appreciated as the equivalent of gold in …
Persistent link: https://www.econbiz.de/10012935626
Bitcoin has enabled competition between digital cryptocurrencies and traditional legal tender fiat currencies. Despite … deflationary price instability. Successful at disposing of any central monetary authority, bitcoin has elected to have a fixed …
Persistent link: https://www.econbiz.de/10013006540
Cryptocurrencies have grown exponentially and gained increasing attention in recent years, and while it's true that it …'s secure by design, “Security” remains the cornerstone of any and all cryptoassets.To benchmark the global cryptocurrencies … hashing-weighted average, computed from the prices of selected cryptocurrencies and weighted by hashing-power of the …
Persistent link: https://www.econbiz.de/10012925602
Cryptocurrencies have the potential to become effective currencies that give a higher level of macroeconomic control … mechanisms. However, these cryptocurrencies need to be designed properly and tested before launch. This paper reports the early …
Persistent link: https://www.econbiz.de/10014352243
Major transformations in payment and settlements have occurred in generations. The first generation was paper-based. Delivery times for payment instruments took several days domestically and weeks internationally. The second generation involved computerization with batch processing. Links...
Persistent link: https://www.econbiz.de/10012669098