Does Bitcoin Hedge Commodity Uncertainty?

Bitcoin: a Money-like Informational Commodity

The question “what is Bitcoin” allows for many answers depending on the objectives aimed at when providing such answers. The question addressed in this paper is to determine a top-level classification, or type, for Bitcoin. We will classify Bitcoin as a system of type money-like informational commodity (MLIC).

Bitcoin: not a currency-like informational commodity

Six assertions concerning the status of Bitcoin are formulated and defended: (i) Bitcoin is not and will not become a currency-like informational commodity, (ii) currencylike informational commodities that aren’t currencies must be frauds, (ii) specific BTC amounts may become monetized and thus may be turned into financial assets, (iii) currently no BTC amounts are monetized in any currency are...

Uncertainty in Multi-Commodity Routing Networks: When does it help?

We study the equilibrium quality under user uncertainty in a multi-commodity selfish routing game with many types of users, where each user type experiences a different level of uncertainty. We consider a new model of uncertainty where each user over or under-estimates their congestion costs by a multiplicative constant. We present a variety of theoretical results showing that when users under-...

Hedge Funds, Funds-of-Funds, and Commodity Trading Advisors

HedgeHunter: A System for Hedge Detection and Uncertainty Classification

With the dramatic growth of scientific publishing, Information Extraction (IE) systems are becoming an increasingly important tool for large scale data analysis. Hedge detection and uncertainty classification are important components of a high precision IE system. This paper describes a two part supervised system which classifies words as hedge or nonhedged and sentences as certain or uncertain...