Bitcoin : something seems to be 'fundamentally' wrong

Borradores de Economia
Número: 
819
Publicado: 
Clasificación JEL: 
E42, G12, G23
Palabras clave: 
Bitcoin, fundamental value, Financial stability

Lo más reciente

Sandra Isabel Salamanca-Gil, Enrique Montes-Uribe, Juan Sebastián Silva-Rodríguez
Jhorland Ayala-García, Yesica Tatiana Lara-Silva, Alejandro Alberto Vargas-Villamil, Lina Romero-Chaparro

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