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research paper


“The analysis shows that the concept of a digital currency is a fallacy.” Using digital currencies synonymously with the term cryptocurrencies, a paper published by the Bank of Finland and written by one of its advisors argues that cryptocurrencies aren’t real forms of money. According to Aleksi Grym, the central bank’s digitalization advisor, cryptocurrencies are …

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Two economists have developed a model for pricing bitcoin and other assets in decentralized financial networks. Emiliano Pagnotta and Andrea Buraschi, professors of finance at Imperial College Business School in London, have proposed a theoretical structure for networks based on proof of work, which include bitcoin and ethereum. Their paper is dated March 21 of this …

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