A theory of optimum cryptocurrency scope

Marthinsen, John E.; Gordon, Steven R.

doi:10.1080/10438599.2019.1687395

Cited by 9 publications

(2 citation statements)

References 25 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This framework considers the uncertainty of cryptocurrency prices and the ability of investors to make decisions based on that uncertainty. Another framework is based on the “information economics” perspective, which views cryptocurrencies as a source of information about the state of the underlying blockchain network (Caferra, 2022; Marthinsen and Gordon, 2021). In terms of actual accounting for cryptocurrencies, there are currently no globally accepted standards for how to account for cryptocurrencies in financial statements.…”

Section: Literature Reviewmentioning

confidence: 99%

Cryptocurrencies in accounting schools?

Marei

Almasarwah

Bahloul

et al. 2023

HESWBL

View full text Add to dashboard Cite

PurposeThis study aims to investigate the extent to which newly certified public accountants (CPAs) and accounting graduate students possess a comprehensive understanding of cryptocurrencies and the skills they have acquired throughout their education.Design/methodology/approachA qualitative analysis was used through semi-structured interviews to obtain an in-depth insight into cryptocurrencies, which could not be investigated easily through quantitative methods, and to provide an understanding of the context for cryptocurrencies from CPA and non-CPA students' points of view. This was in addition to focusing on understanding the differences between the students' thoughts.FindingsThis study found that recent accounting graduates and CPA members have the least awareness of cryptocurrencies, likely due to a lack of professors' comprehension or exposure to the concept. However, students involved in forensic courses provided more information about cryptocurrencies compared with other students.Research limitations/implicationsThe data are limited to only a single country. Given that cryptocurrencies are a relatively new notion in accounting, there is an alarming lack of legislation. Further, the authors found that recent accounting graduates and CPAs had the same level of knowledge of cryptocurrencies, most probably due to a lack of exposure during their education and academics' limited understanding of the concept.Practical implicationsThe students' differing answers about cryptocurrencies show differences in their current level of understanding of cryptocurrencies.Originality/valueThis study has identified that the vast majority of accounting graduates lack adequate knowledge about cryptocurrencies or access to adequate resources, despite understanding the fundamental concepts of cryptocurrency.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Cryptocurrencies in accounting schools?

Marei

Almasarwah

Bahloul

et al. 2023

HESWBL

View full text Add to dashboard Cite

show abstract

“…They concluded that "the correlation between the social factors and the market trends does not seem to hold a strong significance i.e there exists no strong correlation between the social factors and the market trends." [16] The decentralized nature of digital currency Bitcoin-and its underlying -blockchain‖ technology-has created much excitement in the technology community, but its potential for building truly empowering social and solidarity-based finance has yet to be tested. The question of whether Bitcoin can be harnessed to empower marginalized communities and build new means of solidarity-based finance remains unanswered.…”

Section: Literature Reviewmentioning

confidence: 99%

Can Cryptocurrency Tap the Indian Market? Role of having Robust Monetary and Fiscal Policies

Palit¹,

Mukherjee²

2022

IJSEM

View full text Add to dashboard Cite

The growing debate and discussions about legalizing digital currency- raises a significant question does the market have the withstanding power to include people from all segments of society for its usage. In such a nexus, India, when compared to its Asian counterparts is endowed with a booming crypto industry. However, due to many macro-economic and regulatory reasons which come parallel with the crypto trade, the Government of India is taking cognizance of regulating and rationing cryptocurrency trade. Cryptocurrency not only has prospects but at the very moment is enveloped with lots of apprehensions. Countries around the world are using blockchain technology to manoeuvre their development, coupled with swift payment modus operandi, low transaction fees absence of a mediator during transactions make the brighter side of this rapid digital currency. At the same time, unlike other currencies, cryptos are famously detached from any central banks or financial institutions and thereby received a completely decentralized status. On one side, this can free the investors from being beholden by the institution but on the flip side, there arise legal complications. Exposure to too much volatility and severe cases of fraudulent activities are prone to make investors apprehensive of this practice. We find, having a robust financial inclusion system, backed by proper monetary and fiscal policies is one of the necessary conditions to ensure that cryptocurrency taps the Indian market. By dissecting market phases into Accumulation, Pure Buy, Distribution and Pure Sell, we employ Robust Regression to test our proposition. Therefore, for crypto to finely blend in the Indian market and cause endogenous growth, the financial backbone of the economy needs to have a tremendous withstanding potential which comes when the country has vigorous financial inclusions and institution.

show abstract

Hyperinflation, Optimal Currency Scopes, and a Cryptocurrency Alternative to Dollarization

Marthinsen

Gordon

2022

The Quarterly Review of Economics and Finance

View full text Add to dashboard Cite

A theory of optimum cryptocurrency scope

Cited by 9 publications

References 25 publications

Cryptocurrencies in accounting schools?

Cryptocurrencies in accounting schools?

Can Cryptocurrency Tap the Indian Market? Role of having Robust Monetary and Fiscal Policies

Hyperinflation, Optimal Currency Scopes, and a Cryptocurrency Alternative to Dollarization

Contact Info

Product

Resources

About