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dc.creatorSaving, Thomas R.
dc.date2021
dc.date.accessioned2023-10-02T15:50:54Z
dc.date.available2023-10-02T15:50:54Z
dc.date.issued2021-03-17
dc.identifier.urihttps://hdl.handle.net/1969.1/199257
dc.descriptionEducation
dc.description.abstractThe cryptocurrency revolution began with the introduction of Bitcoin in 2009. Today, there are now more than 4,000 cryptocurrencies and Bitcoin has a market capitalization of over $1 trillion. While these new digital entities are characterized as cryptocurrency, none actually circulate in day-to-day commerce. In policy study 2102, author Thomas R. Saving describes the necessary properties of money and compares them to cryptocurrency. As they are currently structured, cryptocurrencies are not going to compete in the privately produced money market but are better positioned to compete in the precious metals market.en
dc.format.mediumElectronicen
dc.format.mimetypepdf
dc.language.isoen_US
dc.publisherPrivate Enterprise Research Center, Texas A&M University
dc.relationEducationen
dc.relation.ispartof2102
dc.rightsNO COPYRIGHT - UNITED STATESen
dc.rights.urihttps://rightsstatements.org/page/NoC-US/1.0/?language=en
dc.subjectCryptocurrencyen
dc.subjectmoneyen
dc.subjectdollaren
dc.subjectBitcoinen
dc.titleCan Cryptocurrencies Successfully Compete in the Money Market?en
dc.typePolicyStudiesen
dc.type.materialTexten
dc.type.materialStillImageen
dc.format.digitalOriginborn digitalen
dc.publisher.digitalTexas A&M University. Library


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