The economics of Bitcoin and similar private digital currencies
نویسندگان
چکیده
منابع مشابه
Some Economics of Private Digital Currency
This paper reviews some recent developments in digital currency, focusing on platform-sponsored currencies such as Facebook Credits. In a model of platform management, we find that it will not likely be profitable for such currencies to expand to become fully convertible competitors to state-sponsored currencies. JEL Classification: D42, E4, L51 Bank Classification: bank notes, economic models,...
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ژورنال
عنوان ژورنال: Journal of Financial Stability
سال: 2015
ISSN: 1572-3089
DOI: 10.1016/j.jfs.2014.11.006