THE POLITICAL ECONOMY OF BITCOIN.

The recent proliferation of bitcoin has been a boon for users but might pose problems for governments. Indeed, some governments have already taken steps to ban or discourage the use of bitcoin. In a model with endogenous matching and random consumption preferences, we find multiple monetary equilibr...

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Bibliographic Details
Published in:Economic Inquiry Vol. 54; no. 2; pp. 925 - 940
Main Authors: Hendrickson, Joshua R., Hogan, Thomas L., Luther, William J.
Format: Article
Published: Wiley-Blackwell Apr2016
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Online Access:View this record in EBSCOhost