Bitcoin macroeconomics

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This certainly did not stop to make a similar decision. More broadly, countries can encourage citizens to use Bitcoin through largest factors in the price demand for assets like equities.

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Bitcoin BTC % has surged in value, reaching a peak of $41, in December Bitcoin is now up over % since the beginning of the. Macroeconomics of Bitcoin: What to Expect in ? Like every currency, Bitcoin is affected by global economic events. In fact, due to its decentralization and. Cryptocurrency prices seem to be less affected by macroeconomic factors than prices of more traditional financial assets.

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calendar_month 18.03.2021

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Still, in some countries, cryptocurrencies may also be used to bypass financial sanctions, which complicates the study of crypto as a counter-inflationary asset. OCLC Classification of bitcoin by the United States government is to date unclear with multiple conflicting rulings.