BITCOIN AND ECONOMICS OF CRYPTOCURRENCIES.

Catalog description

Bitcoin (BTC) is a digital asset with unique characteristics that spawned an industry of similar assets called cryptocurrencies. The course examines the evolution of digital money in the historical context of the U.S. financial system. Students will examine cryptocurrencies, with a focus on BTC, as a vehicle for wealth storage and as a transactions asset (money). The course will cover valuation of cryptocurrencies compared to other assets in the context of asset pricing theory at an introductory level. Prerequisite: ECON 2306 .