Find out more
Resources
See latest resources »
Bitcoin's lasting legacy

Bitcoin's lasting legacy

Source: Boston Federal Reserve

The Federal Reserve Bank of Boston looks at the policy implications of bitcoin.

The brief discusses how some features of bitcoin, as designed and executed to date, have hampered its ability to perform the functions required of a fiat money - as a medium of exchange, unit of account, and store of value.

The authors predict that Bitcoin’s lasting legacy will be the innovations it has spurred to payment technology, although they content that the payment system will remain dominated by large processors because of economies of scale.

Download the document now 952.5 kb (PDF File)

Comments: (0)

Find out more
Analysis resources
See all Analysis resources »
How banks are preparing (or not) for T2/T2S consolidation
Analysis

How banks are preparing (or not) for T2/T2S consolidation

In 2020 another seismic upheaval looms on the horizon for the European financial community.

THE NEW 3D SECURE 2.0 - A QUICK GUIDE
Analysis

THE NEW 3D SECURE 2.0 - A QUICK GUIDE

Online customer authentication has recently been revolutionized thanks to the introduction of the new enhanced 3D Secure 2.0.

Demistifying distributed ledger technology
Analysis

Demistifying distributed ledger technology

Deutsche Bank interviews leading industry experts at companies such as IBM, ConsenSys, Digital Asset, Hyperledger, uPort and R3 to find out how DLT technology will change our lives.