Cryptocurrencies
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A Solution in Search of a Problem: Cryptocurrency and Institutional Trust
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Imagine a cutting-edge new platform for economic development. It has value because everyone says it does. That value tends to fluctuate wildly. Accessing an account requires remembering a random string of letters and numbers. Some services allow users to use a traditional password, but if someone cracks that password or…
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The Race to the Starting Line: The Rise of CBDCs
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Data analysis and visualizations by Vishal Joseph. In the past decade, the value of cryptocurrencies and digital assets has grown exponentially, rising from $14 billion in 2015 to $2 trillion this March (Fig. 1). Figure 1: The market capitalization of cryptocurrencies over the last 7 years. Source: Coininfo.io Within cryptocurrencies,…