St. Louis Fed In Some Ways, Bitcoin Is More Robust Than Many Fiat Currencies

In a recent article on the basics of bitcoin and other cryptocurrencies PDF, Aleksander Berentsen and Fabian Schr of the Federal Reserve Bank of St. Louis cover the usefulness of bitcoin and other alternative cryptoassets.Throughout the article, Berentsen and Schr make the case that cryptoassets are well suited to become a new, important asset class. The duo goes as far to say that bitcoin is, in some ways, more robust than many fiat currencies.Cryptocurrencies Are a Welcome Addition to the C

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