Follow Us

Follow us on Twitter  Follow us on LinkedIn
 
14 February 2020

Bank of England: Working paper: Peter Zimmerman: Blockchain structure and cryptocurrency prices

These results rely on two key conditions. First, there is limited blockchain capacity, so users compete for settlement. Second, the value of cryptocurrency depends on its usage as a means of payment. To my knowledge, there is no other traded asset where both of these conditions are true...

To view the rest of this article, click here.