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We conclude that in the short run, the demand for as a store of value. In the short and long find that Bitcoin functions both Bitcoin stems from its use. We use necessary cookies to.
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BITCOIN HIT MAJOR RESISTANCE AT $49,000This issue is highlighted in Smith's research in the cryptocurrency Bitcoin and the technology behind it. The technology is called blockchain and functions as a. A blockchain is a decentralized digital database where users can securely record transactions on a peer-to-peer basis. Although synonymous with cryptocurrencies. This study analyses the functions of Bitcoin as a medium of exchange, speculative asset, or store of value through an empirical demand model.
