Bitcoin Vs Gold: Which is the best store of value?
The narrative that Bitcoin is a store of value asset that rivals gold continues to capture imaginations - but after a 50% price slide, has Bitcoin lost its lustre?
To Regulate or Not Regulate? An Overview of Cryptographic Assets With Simultaneous Economic Properties
This use case article will study the economic properties of cryptographic assets that can simultaneously behave as capital assets, commodities, and a store of value; as well as showing how these particular assets can be identified using our newly launched API.
Cryptocurrencies: Beneath the bubble
Cryptocurrencies have soared in popularity since 2008, with more than 1, 000 in existence today and an aggregate value greater than the market capitalization of IBM. But we are highly doubtful whether they will ever become mainstream currencies. The need for companies and individuals to pay tax receipts in government-issued currency, and the potentially unlimited crypto-money supply, pose significant barriers to widespread adoption. We think the sharp rise in crypto-currency valuations in recent months is a speculative bubble.
Into Ether with Ethereum Classic: The Store-of-Value Commodity to Power the Internet of Things
Throughout this paper, we will evaluate the investment opportunity presented by ETC using a similar framework to the one used for bitcoin in our previous study, Bitcoin & the Rise of Digital Gold.
The Bitcoin Market Potential Index
The Bitcoin Market Potential Index conceptualizes and ranks the potential utility of bitcoin across 178 countries to show which countries have the greatest potential to see bitcoin adoption. The index utilizes a data set with 40 variables related to bitcoinâs current core functions: store of value, medium of exchange, and technology platform. The variables are grouped into the indexâs seven equally weighted sub-indices: technology penetration, international remittances, inflation, size of informal economy, financial repression, historical financial crises, and bitcoin penetration. Standardized and re-scaled country level data both indicate that Argentina and Sub-Saharan Africa are the country and region, respectively, where bitcoin has the greatest potential for adoption. It is argued that while bitcoin regulation can play an important, and perhaps even decisive, role in bitcoin adoption it should be excluded as an index variable for now due to insufficient data and uncertainty over its ultimate impact.
Current Policy Persepctives – Bitcoin as Money?
This policy brief discusses how some features of bitcoin, as designed and executed to date, have hampered its ability to perform the functions required of a fiat moneyââas a medium of exchange, unit of account, and store of value.
