Is Bitcoin a Giffen Good or a Speculative Bubble?

We have recently seen a discussion as to whether Bitcoin is a speculative bubble. Bitcoin and its imitations are encrypted currencies, composed of a series of software protocols for the generation of digital codes and for the tracking of transactions. As Bitcoin appreciated more than 11 times this year and exceeded $ 11,000 per unit, … Continue reading “Is Bitcoin a Giffen Good or a Speculative Bubble?”