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IFN Newsletter

Unlicensed Gambling: Bitcoin in Monetary Perspective

IFN Newsletter
Reference
Svensson, Roger (2021). “Unlicensed Gambling: Bitcoin in Monetary Perspective”. IFN Newsletter (2), 1–4.

Author
Roger Svensson

The cryptocurrency Bitcoin has been marketed as revolutionary new money and an attractive investment. But closer examination suggests that Bitcoin works poorly as money and does not qualify as an asset based on user value. Instead, almost all Bitcoin trading has purely speculative purposes.

Roger Svensson

+46 (0)8 665 4549
+46 (0)70 491 0166
roger.svensson@ifn.se