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After all, in embracing speculation, by Block.
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Does speculative bitcoin trading affect the blockchain | With institutional and corporate interest in investing in bitcoin and other digital assets growing, big business opportunities are emerging in the field of crypto custody services. Part of the nervousness about bitcoin is that, along with other cyptocurrencies, it challenges the traditional role of banks and central banks. The speculation engine. Without a doubt, these cases are real, and those who invested early can reap large benefits. Head to consensus. |
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\There is a debate in the literature on whether Bitcoin is a proper currency, where Yermack () suggests that Bitcoin is a speculative asset because of. Contrary to our approach, rational or irrational speculation does not play a role in the latter models. Secondly, a new bitcoin is accompanied by a block that is only valid by virtue of a protocol such as proof of work that someone (the miner) has.