Related papers: Bitcoin Does Not Hedge Inflation
The question "what is Bitcoin" allows for many answers depending on the objectives aimed at when providing such answers. The question addressed in this paper is to determine a top-level classification, or type, for Bitcoin. We will classify…
Probing correlations among short and long-wavelength cosmological fluctuations is known to be decisive for deepening the current understanding of inflation at the microphysical level. Spectral distortions of the CMB can be caused by…
Bitcoin is the world's first decentralized digital currency. The rate at which bitcoins enter circulation is cut in half every 4 years, approximately. These events are considered landmarks in Bitcoin's history, and as such are widely…
Bitcoin has demonstrated there are many security improvements applicable to normal currency. As the human race expands and we colonize other planets, we have to consider how we are going to extend integral parts of of society, and that…
The bitcoin price has surged in recent years and it has also exhibited phases of rapid decay. In this paper we address the question to what extent this novel cryptocurrency market can be viewed as a classic or semi-efficient market. Novel…
We argue that a negative interest rate policy (NIRP) can be an effect tool for macroeconomic stabilization. We first discuss how implementing negative rates on reserves held at a central bank does not pose any theoretical difficulty, with a…
A relaxed primordial power spectrum (PPS) of scalar perturbations arising from inflation can impact the dark radiation constraints obtained from Cosmic Microwave Background and other cosmological measurements. If inflation produces a…
We study the information dynamics between the largest Bitcoin exchange markets during the bubble in 2017-2018. By analysing high-frequency market-microstructure observables with different information theoretic measures for dynamical…
The observed power spectrum of the cosmic microwave background (CMB) is consistent with inflationary cosmology, which predicts a nearly scale-invariant power spectrum of quantum fluctuations of the inflaton field as they exit the Hubble…
Bitcoin is firmly becoming a mainstream asset in our global society. Its highly volatile nature has traders and speculators flooding into the market to take advantage of its significant price swings in the hope of making money. This work…
We propose an extended demand response program, based on ancillary service for supplying flexible electricity demand. In our proposed scheme, we suggest a broader management model to control the scheduling and power consumption of Bitcoin…
In this study the cross-correlations between the cryptocurrency market represented by the two most liquid and highest-capitalized cryptocurrencies: bitcoin and ethereum, on the one side, and the instruments representing the traditional…
Since its advent in 2009, Bitcoin, a cryptography-enabled peer-to-peer digital payment system, has been gaining increasing attention from both academia and industry. An effort designed to overcome a cluster of bottlenecks inherent in…
We discuss the principles governing the selection of inflationary models for which preheating can affect the CMB. This is a (fairly small) subset of those models which have non-negligible entropy/isocurvature perturbations on large scales…
Inflation generically predicts a stochastic background of gravitational waves over a broad range of frequencies, from those accessible with cosmic microwave background (CMB) measurements, to those accessible directly with gravitational-wave…
This study identifies the key factors influencing the price movements of major cryptocurrencies, Bitcoin, Binance Coin, Ethereum, Litecoin, Ripple, and Tether, using Bayesian networks (BNs). This study addresses two key challenges:…
Although Bitcoin was intended to be a decentralized digital currency, in practice, mining power is quite concentrated. This fact is a persistent source of concern for the Bitcoin community. We provide an explanation using a simple model to…
The inflationary paradigm is extremely successful regarding predictions of temperature anisotropies in the CMB. However, inflation also makes predictions for a CMB B-mode polarization, which has not been detected. Moreover, the standard…
Bitcoin, with its ever-growing popularity, has demonstrated extreme price volatility since its origin. This volatility, together with its decentralised nature, make Bitcoin highly subjective to speculative trading as compared to more…
This article presents a possible inflation scenario as a consequence of non-minimal gravitational couplings in the Conformal Standard Model. The model consists, in comparison to the SM, of additional right-chiral neutrinos and complex…