Search Results

Is Bitcoin a Waste of Resources? - Review

Do Bitcoin and other cryptocurrencies play a useful social role, or do they represent a social waste? Bitcoin is a decentralized recordkeeping system, with updating of the record of transactions in the blockchain.

research.stlouisfed.org/publications/review/2018/02/13/is-bitcoin-a-waste-of-resources

Bitcoin: Money or Financial Investment? - Page One Economics®

Bitcoin has become a cultural and financial phenomenon. While many people have heard of Bitcoin, far fewer understand it. In short, Bitcoin is a digital currency, or "cryptocurrency," that allows person-to-person transactions independent of the banking system.

research.stlouisfed.org/.../page1-econ/2018/03/01/bitcoin-money-or-financial-investment/

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/

Where Does Bitcoin Fit In the Economy? - Cryptocurrencies and Fintech

Do Bitcoin and other cryptocurrencies play a useful social role, or do they represent a social waste? Steven Williamson explains what Bitcoin is, the role it can play in the economy, and whether or not these digital currencies should be supplied by central banks.

research.stlouisfed.org/publications/review/2018/02/13/is-bitcoin-a-waste-of-resources

Bitcoin: Beyond the Basics - Cryptocurrencies and Fintech

In a recent St. Louis Fed podcast, Vice President of Research David Andolfatto talked blockchain, transparency, and the potential utility of government-sponsored cryptocurrencies.

research.stlouisfed.org/.../publications/cryptocurrencies-and-fintech//bitcoin-beyond-the-basics/

Bitcoin: An Overview - Cryptocurrencies and Fintech

Bitcoin has become a cultural and financial phenomenon, but what is it and is it a worthwhile investment? Senior Economic Education Specialist Scott Wolla provides an overview of Bitcoin and its possibilities.

research.stlouisfed.org/.../page1-econ/2018/03/01/bitcoin-money-or-financial-investment

Buying eggs with bitcoins | FRED Blog

The FRED graph above tracks the price of eggs. Specifically, a dozen large grade A chicken eggs, in U.S. dollars, for each month since January 2021.This graph is a histogram, otherwise known as a bar graph, so the length of each bar represents the full price. Merely glancing at the heights of the bars shows us that the price fluctuates over time, with a low of $1.47 and a high of $2.52 as of April. This runny volatility is why food prices, along with energy prices, are often excluded from monet

fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins

The Future of Bitcoin | St. Louis Fed Economic Research

Economic Synopses looks at likely paths for crypto.

news.research.stlouisfed.org/2019/01/the-future-of-bitcoin

Antebellum “free” banking and the era of Bitcoin | FRED Blog

Smack in the middle of summer, you may find yourself with more free time, a freewheeling attitude, and maybe a wild inclination to pick up a new hobby, like spikeball… Or maybe even try out the hot new investment—cryptocurrency!In short, cryptocurrency is a digital asset that is not regulated by a central authority, in the way money is regulated by the Federal Reserve System in the United States. No governing authority determines how much, by whom, or when crypto is produced or exchanged. I

fredblog.stlouisfed.org/2018/07/antebellum-free-banking-and-the-era-of-bitcoin

Is Bitcoin a Good Long-Term Investment Prospect? - Cryptocurrencies and Fintech

The world of cryptocurrencies is expanding. How will more options affect their value? More competition could push down the purchasing power of all these currencies, even Bitcoin, despite its “first mover” advantage and well-established network of users. Read Economic Synopses for more about the crypto-landscape.

research.stlouisfed.org/.../publications/economic-synopses/2019/01/11/whither-the-price-of-bitcoin

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