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Bitcoin : something seems to be 'fundamentally' wrong

José Eduardo
Gómez-González
Julián Andrés
Parra-Polanía
Jueves, 1 Mayo 2014

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