Results 1 - 4 of 4 for bitcoin [Author: David Andolfatto]
Whither the Price of Bitcoin? - Economic Synopses
The total value of Bitcoin has declined as a share of all cryptocurrencies.
research.stlouisfed.org/.../economic-synopses/2019/01/11/whither-the-price-of-bitcoin/
The Blockchain Revolution: Decoding Digital Currencies - Review
Cryptocurrencies and decentralized finance have grown considerably since the publication of the white paper on bitcoin in 2009. This article presents an overview of cryptocurrencies, blockchain technology, and their applications, explaining the spirit of the enterprise and how it compares with traditional operations.
research.stlouisfed.org/.../2022/07/14/the-blockchain-revolution-decoding-digital-currencies
Technological Change and Central Banking - Review
The decentralized autonomous organization (DAO) represents a radically new way to manage databases. Since money and payments are all about managing databases and since banks play a central role in money and payments, DAO-based money and payments systems are potentially a disruptive force in the banking system—which includes central banks.
research.stlouisfed.org/.../review/2023/09/08/technological-change-and-central-banking
Blockchain: What It Is, What It Does, and Why You Probably Don’t Need One - Review
All record-keeping systems (which include monetary systems) must contend with trust issues and methods of organizing historical information. Conventional systems rely on the reputation of central authorities and record-keepers to achieve consensus.
research.stlouisfed.org/.../blockchain-what-it-is-what-it-does-and-why-you-probably-dont-need-one
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