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Observed prices are plotted using changes and RMS for each - 18 ].

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THE BITCOIN STANDARD - The Economics of BTC - Unabridged Audiobook
Bitcoin is of interest to economists as a virtual currency with potential to disrupt existing payment systems and perhaps even monetary systems. The goal of this work is to determine whether Bitcoin behaves as a safe-haven asset. In order to do so, the influence of Economic Policy. Purpose � The goal of this work is to determine whether Bitcoin behaves as a safe-haven asset. In order to do so, the influence of Economic Policy Uncertainty .

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calendar_month 31.12.2020

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Several studies used different models to analyze Bitcoin volatility persistence and spillovers [see e. However, the positive impact is statistically significant only at the higher quantiles of the current CEPU. Anyone can create a Bitcoin account, without charge and without any centralized vetting procedure�or even a requirement to provide a real name. Caldara D, Iacoviello M. Findings Bitcoin's returns and volatility increase during more uncertain times, just like gold, showing that Bitcoin acts not only as a means of exchange but also shows characteristics of investment assets, specifically of safe havens.