Arbeitspapier
Some economics of private digital currency
This paper reviews some recent developments in digital currency, focusing on platform-sponsored currencies such as Facebook Credits. In a model of platform management, we find that it will not likely be profitable for such currencies to expand to become fully convertible competitors to state-sponsored currencies.
- Language
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Englisch
- Bibliographic citation
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Series: Bank of Canada Working Paper ; No. 2013-38
- Classification
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Wirtschaft
Market Structure, Pricing, and Design: Monopoly
Economics of Regulation
- Subject
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Bank notes
Economic models
Payment clearing and settlement systems
- Event
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Geistige Schöpfung
- (who)
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Gans, Joshua S.
Halaburda, Hanna
- Event
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Veröffentlichung
- (who)
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Bank of Canada
- (where)
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Ottawa
- (when)
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2013
- DOI
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doi:10.34989/swp-2013-38
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Gans, Joshua S.
- Halaburda, Hanna
- Bank of Canada
Time of origin
- 2013