Value Investing Strategy (Strategy Overview)
Momentum Investing Strategy (Strategy Overview)
Crypto-assets as Currencies
January 22, 2021 • Posted in Currency Trading
Can Bitcoin, or any other crypto-asset, become a durable currency, or is its value a pure bubble? In his October 2020 paper entitled “Fiat Money, Cryptocurrencies, and the Pure Theory of Money Edward Elgar Handbook on Blockchain and Cryptocurrencies”, David Glasner applies basic concepts and doctrines of the economic theory of money to address the value of bitcoins and other crypto-assets. He focuses on rationalizations for a positive equilibrium value for bitcoin and other crypto-assets. Based on his interpretation of theory, he concludes that:
Please log in or subscribe to continue reading...
Gain access to hundreds of premium articles, our momentum strategy, full RSS feeds, and more! Learn more