The Bitcoin: to be or not to be a Real Currency?

【Author】 Nathalie, Janson; Karoubi, Bruno

【Source】QUARTERLY REVIEW OF ECONOMICS AND FINANCE

【影响因子】4.324

【Abstract】The present article focuses on whether the Bitcoin shows sign of increased confidence as a value storage vehicle, a prerequisite to becoming a fully fledged currency. Using Bloomberg data over the period 20082017, we find a cointegration relationship between the dollar prices of Bitcoin, Gold and Swiss Franc. The two latter assets are classic safe haven assets, suggesting that at least some Bitcoin buyers are interested in value storage and boding well for its future adoption rate. (c) 2021 Board of Trustees of the University of Illinois. Published by Elsevier Inc. All rights reserved.

【Keywords】Bitcoin; Safe haven; Private currency; Medium of exchange; Store of value

【发表时间】2021 NOV

【收录时间】2022-01-01

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