9 years ago
Trends in crypto-currencies and blockchain technologies: A monetary theory and regulation perspective [2015] [PDF]
...We describe the historical context which led to the development of these [crypto-]currencies and some modern and recent trends in their uptake, in terms of both usage in the real economy and as investment products. As these currencies are purely digital constructs, with no government or local authority backing, we then discuss them in the context of monetary theory, in order to determine how they may be have value under each...
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