BoE Economist; Speculation in Crypto Markets Reduces Bitcoin’s Transactional Value


A senior Economist at U.K’s central bank has published a working paper on how speculation affects the value of digital currencies. Peter Zimmerman, a BoE economist, highlighted that crypto coin users are mostly speculative making it hard to realize the transactional value of digital assets like Bitcoin. According to the paper, a speculative approach to […] read more

Edwin Munyui