Bitcoin (BTC) To $50,000 – Hayes, Bernstein And Tampax ...

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Can cryptocurrencies like bitcoin wreck central banking? “The short answer is yes,” wrote Pierpaolo Benigno, a professor of economics at Rome’s Libera Università Internazionale degli Studi Sociali (LUISS), in an article published on April 26, 2019.. On August 19, 2019, Benigno and two other economists, Linda M. Schilling and Harald Uhlig, published a paper expanding on this short answer ... Not enough of the right sort of money – Gresham’s Law, MMT and Bitcoin (BTC) In an interview with Venture Coinist Hayes lays out the now familiar assumptions of many in the crypto world, which it might be said is basically a reworking of the Gresham’s Law maxim that bad money drives out good. There are lots of issues that arise from Gresham’s law’s application to crypto vis a vis ... Gresham's law may not be as applicable to Bitcoin and institutional clamor will wane. There may be even less medium-term conviction in the Bitcoin market than observed. Correction Hypothesis for Events Realized on January 16, 2018. The contemporary appreciation of Bitcoin's assigned value draws comparison to the past neurotic cravings for tulip bulbs, over-levered internet companies, and East ... A new opinion piece from a Bloomberg economist suggests the unthinkable: the real problem with Bitcoin is that it’s deflationary. A new op ed by Noah Smith – former assistant professor at Stony Brook University – has set the cat among the Bitcoin maxis.. Titled ‘The Key To Bitcoin’s Future: Inflation‘ Smith argues that the only way Bitcoin will ever be used as widely as US dollars ... When you think of a safe-haven asset, precious metals like gold or silver probably come to mind. They’re investments that individuals flock to as hedges against turmoil in traditional markets. But Gresham’s Law only applies when two forms of money in circulation are accepted by law as having similar face value. Despite the fact that Gersham’s Law doesn’t apply to bitcoin because its value isn’t dictated by any state, the paper argues that something akin to it would play out within a country where both a global cryptocurrency and domestic currency are used. Here, it might be ... the Gresham’s Law that makes less used the currencies whose value is tending to a revaluation, given that these currencies tend to be maintained as a store of value; the birth of substitutive cryptocurrencies which can reduce the use of bitcoin

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Binance Coin + Stock Exchange, KIN Returns, Stablecoin Risk & Five Crypto Basket

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