The Economics of Bitcoin and Similar Private Digital Currencies

By Gerald P. Dwyer. 2014

681 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Information Systems

View Paper: https://www.semanticscholar.org/paper/c98935d62549be84c71e9d6c6501bb3446480d07

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Citations in the corpus

On the hedge and safe haven properties of Bitcoin: Is it really more than a diversifier? (2017, neutral): “The principles of Bitcoin are explained by Dwyer (2015) and at bitcoin.org.”
Why do businesses go crypto? An empirical analysis of initial coin offerings (2018, neutral): “A number of studies attempted to analyze the political economy of the phenomenon (Ametrano, 2016; Bjerg, 2015; Böhme, Christin, Edelman, & Moore, 2015; Dwyer, 2015; Ennis, 2016; Karlstrøm, 2014; Lo & Wang, 2014) and explore its impact on traditional market failures stemming from information asymmetr”
An empirical investigation of volatility dynamics in the cryptocurrency market (2019, neutral): “More information about Bitcoin and its underlying technology can be found in, e.g., Frisby (2014), Dwyer (2015), Böhme et al. (2015), and Karame and Androulaki (2016), among others.6”
How stable are stablecoins? (2021, neutral): “Whelan (2013), Selgin (2015) and Dwyer (2015) discuss the properties of money as a store of value and a medium of exchange in the context of digital currencies such as Bitcoin.”
Cryptocurrency market contagion: Market uncertainty, market complexity, and dynamic portfolios (2019, neutral): “Some of the limitations of Bitcoin have also been emphasized by Dwyer (2015).”
Negative bubbles and shocks in cryptocurrency markets (2016, neutral): “From equations (24-26) contagion from Y (t) to X(t) occurs if Cor(2)(∆Xt,∆Yt)Var[∆Xt] < Cor (2)(∆Xt,∆Yt)Var[∆Yt] Var[∆Xt] < Var[∆Yt] v(2) X [ (β − 1) 1 β”
Taming the blockchain beast? Regulatory implications for the cryptocurrency Market (2020, neutral): “Dwyer, G. (2015). The economics of Bitcoin and similar private digital currencies.”
Persistence in the cryptocurrency market (2017, positive): “Cheung et al. (2015), Dwyer (2014), Bouoiyour and Selmi (2015) and Carrick (2016) show that this market is much more volatile than others.”
Volatility estimation for Bitcoin: Replication and robustness (2019, neutral): “All transactions are stored digitally and recorded in a shared ledger data technology known as blockchain (see, e.g., Dwyer, 2015; Böhme et al., 2015).”
A systematic review of the bubble dynamics of cryptocurrency prices (2020, positive): “While digital coins employ peer-to-peer (P2P) networks and open-source software in order to prevent double spending and bypass the need for intermediation by commercial banks (Dwyer [2015]).”