Bitcoin: Something Seems to Be Fundamentally Wrong

Serie

  • Borradores de economía

Resumen

  • In the present paper we remark that the absence of an intrinsic or fundamental value represents a problem for the stability of the bitcoin’s price as an asset. In addition, we consider some financial stability concerns that derive from the hypothesis that the bitcoin will survive as an asset subject to high speculation.

fecha de publicación

  • 2014-05

Líneas de investigación

  • Bitcoin
  • Financial Stability
  • Fundamental Value

Issue

  • 11192