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Is bitcoin a real currency an economic appraisal

Written by Nihongo Sep 14, 2021 · 7 min read
Is bitcoin a real currency an economic appraisal

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David Yermack Is Bitcoin a Real Currency. Dollar exchange rate for one bitcoin. David Yermack Is Bitcoin a Real Currency. The virtual currency had been launched five years earlier by computer hobbyists and in late 2013 the US. Bitcoins daily exchange rates exhibit virtually zero correlation with widely used currencies and with gold making bitcoin useless for risk management and exceedingly difficult for its owners to hedge.


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