Last Updated on March 1, 2023 by Paganoto
Why Bitcoin is not a currency but a speculative real asset
Why Bitcoin is not a currency but a speculative real asset
First, there currently exists no commonly accepted valuation model for Bitcoin. Second, unlike precious metals, highly volatile Bitcoin has no history of being accepted as money and it lacks any time-tested store of value credentials (accepted intrinsic worth), both of which are key currency attributes.
Why Do Bitcoins Have Value? – Investopedia
Why Do Bitcoins Have Value? – Investopedia
Value in Traditional Currencies
Why Governments Are Wary of Bitcoin – Investopedia
Why Governments Are Wary of Bitcoin – Investopedia
Bitcoin is the first decentralized peer-to-peer payment network and cryptocurrency. Users (and not central governments or banks) determine its value.
Bitcoin Is An Asset, Not A Currency – Forbes
Bitcoin Is An Asset, Not A Currency – Forbes
Without a stable value Bitcoin cannot truly be a currency. Rather it is a commodity asset that one trades, like gold or silver, in hopes that …
Bitcoin Is Not a Currency, It's an (Unsafe) Investment
Bitcoin Is Not a Currency, It's an (Unsafe) Investment
Bitcoin Is Not a Currency, It’s an (Unsafe) Investment · Bitcoin’s Value Is Too Unstable · Transaction Fees Are Huge · Transactions Take Forever.
Bitcoin – it's not a currency, it's not a capital asset… so what is it?
Bitcoin – it's not a currency, it's not a capital asset… so what is it?
Due to extreme volatility, high transaction costs and slow processing, Bitcoin does not cut it as digital cash. But it’s not an asset …
Virtual "Currencies": Not actual currencies | White & Case LLP
Virtual "Currencies": Not actual currencies | White & Case LLP
“Bitcoin is a ‘virtual currency,’ defined here as a digital representation of value that functions as a medium of exchange, a unit of account, …
Five myths about cryptocurrency – Brookings Institution
Five myths about cryptocurrency – Brookings Institution
Cryptocurrencies such as bitcoin and Ethereum were designed as a way to make payments without relying on traditional modes such as currency …
The brutal truth about Bitcoin – Brookings Institution
The brutal truth about Bitcoin – Brookings Institution
It has no intrinsic value and is not backed by anything. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity— …
Is Bitcoin a Real Currency? An Economic Appraisal
Is Bitcoin a Real Currency? An Economic Appraisal
by D Yermack · 2015 · Cited by 1488 — No government or other central authority can manipulate the supply of bitcoins. Instead, the currency is governed by cryptographic rules that are enforced by …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.