Bitcoin Forum

Economy => Economics => Topic started by: el malagueno on March 11, 2021, 07:05:25 AM



Title: Bitcoin and monetary policy
Post by: el malagueno on March 11, 2021, 07:05:25 AM
Hello everybody. I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.


Title: Re: Bitcoin and monetary policy
Post by: gantez on March 11, 2021, 08:31:40 AM
You can check google to add up amidst the response you will get. There are certain information you could get there, I typed your enquiry topic and I go this, you can use the link and do more research https://www.google.com/search?q=bitcoin+and+monetary+policy+framework&oq


Title: Re: Bitcoin and monetary policy
Post by: zanezane on March 11, 2021, 08:55:24 AM
I don't know much about the thesis that you are doing but maybe it can do you good if you visit cryptocurrency related news sites like CoinDesk, CoinTelegraph or NEWSBTC. You can also get some related thesis on Researchgate if you need some references or studies to help your thesis.


Title: Re: Bitcoin and monetary policy
Post by: mu_enrico on March 11, 2021, 09:47:22 AM
Hello everybody. I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.
I can only think of https://nakamotoinstitute.org/ as it contains Satoshi's posts, Bitcoin whitepaper, and other literature (https://nakamotoinstitute.org/literature/) and research (https://nakamotoinstitute.org/research/).
The best source of knowledge IMO.

If about money, find about supply and the chart (halving) and stuff.


Title: Re: Bitcoin and monetary policy
Post by: TheNineClub on March 11, 2021, 09:50:22 AM
If you have time, check out this new proposal from the European Central Bank.

https://www.ecb.europa.eu/pub/pdf/other/en_con_2021_4_f_sign~ae64135b95..pdf

It's quite a long read and filled with banking and economics jargon, but maybe you can find something that could work for you. I would also recommend anyone to read this proposal as it is done by the ECB and therefore could very well be something we have to deal with in the future. If anything, just the first 12 pages of the overview to get a notion of what is being discussed on the highest level.


Title: Re: Bitcoin and monetary policy
Post by: Ucy on March 11, 2021, 10:32:53 AM
You could also try this out (assuming you are referring to "Bitcoin Monetary policy") : https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/bitcoin/v/Bitcoin-the-money-supply. By the way, i'm not sure if such phrase is used  in Bitcoin world for Bitcoin. In my opinion, the online definition of Monetary Policy is not really compatible with the way Bitcoin actually works. 

Maybe you are referring to Bitcoin and its affect on Monetary policy of Nations, you could check this out.https://www.coincenter.org/education/policy-and-regulation/how-do-cryptocurrencies-affect-monetary-policy/ I haven't fully gone through the publication and can't confirm whether the information there is correct.






Title: Re: Bitcoin and monetary policy
Post by: josgandosbro on March 11, 2021, 11:14:10 AM
Bitcoin price is any time to change. Monetary is country way changing. So monetary is differ with all counters. But Bitcoin is not change. Bitcoin is any time to change it not easy to check the price. So check the price day by day then easy to increase in the Bitcoin. Monetary is not change the price. Country to country will be chage the price.


Title: Re: Bitcoin and monetary policy
Post by: Hydrogen on March 11, 2021, 11:18:59 PM
Bitcoin and monetary policy are too political/polarized for independent & unbiased science to prevail. Majority views published on cryptocurrencies are false narratives revolving around it being a safe haven for criminals and money launderers. False content about cryptocurrencies having large carbon footprints and being bad for the environment. These claims have been disproven numerous times over the years. Its easy to find news on investigations proving banks are the biggest launderers of capital. Bitcoin mining does not necessarily have a large carbon footprint due to it being majority powered by surplus and renewable forms of green energy.

The closest thing to legitimate research published on crypto I remember reading, is the following excerpt from apple co founder Steve Wozniak.

Quote
MONEY20/20: WOZNIAK THINKS BITCOIN IS BETTER THAN GOLD

Wozniak feels a currency is more “stable” when it cannot be diluted and, while Bitcoin has a fixed future supply (only 21 million bitcoins will ever be mined), the same cannot be said about government-backed fiat currencies.

“There is a certain finite amount of bitcoin that can ever exist,” Wozniak said in explaining that the U.S. government could wind up printing more dollars for political reasons. He described the U.S. dollar as “kind of phony” in that sense, while describing Bitcoin as more “genuine and real.”

Similarly, he said, gold does not necessarily have a fixed supply either, because humans will continue to find more efficient ways to dig it out of the earth.

“Gold gets mined and mined and mined,” Wozniak said. “Maybe there’s a finite amount of gold in the world, but Bitcoin is even more mathematical and regulated and nobody can change mathematics.”

https://bitcoinmagazine.com/culture/money2020-wozniak-thinks-bitcoin-better-gold

....



Write ups detailing the long history of fiat/paper money inevitably returning to its "intrinsic value" of zero are also some of the best published work on crypto imo:

https://kinesis.money/case-studies/paper-money-eventually-returns-to-its-intrinsic-value-zero/


Title: Re: Bitcoin and monetary policy
Post by: fillippone on March 12, 2021, 01:16:19 AM
Hello everybody. I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.

Inelastic and deterministic bitcoin monetary policy is certainly one of his predominant feature in the protocol design.
 suggested you a few resources on our local boards, but I think @mu_enrico and @thenineclub make a lot of sense.


Title: Re: Bitcoin and monetary policy
Post by: fiulpro on March 12, 2021, 05:53:01 AM
Hello everybody. I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.
Bitcoin and Monetary policy
Now this is an interesting topic but you should think about how do you want to start and from where you want to start ? This is indeed a very deep topic, it does have a lot of interesting options that you can go about. At the same time "Google", it does have everything! You can find all the information from there , but you should visit the profile of Mr. Satoshi here, start your journey going through his words and what he intended it to be. You can very well talk about :
Creation
Usage
First surge in price
Where it is now
Policies
Wallets
Why one should try holding some bitcoins and what benefit it gives to the user as a whole.
Why is it tackling the problem of the corrupted and old monetary system and how it can establish a cleaner society and strengthen the Government.
Talk about merits and demerits too But tactically for example:
Bitcoins is extremely volatile, therefore time and again it's a matter of concern for most people but this Volatility is honestly an amazing buying opportunity for the users who might have missed buying bitcoins when the price was low.   
Give them a chance to ask questions too, but you would only be able to answer if you do study in depth about this therefore I would encourage you to find your own sources, most of them are trustable on the Google but you have to choose what you would like in your report.
Best of luck
Work hard.


Title: Re: Bitcoin and monetary policy
Post by: el kaka22 on March 12, 2021, 07:16:12 AM
You could also try this out (assuming you are referring to "Bitcoin Monetary policy") : https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/bitcoin/v/Bitcoin-the-money-supply. By the way, i'm not sure if such phrase is used  in Bitcoin world for Bitcoin. In my opinion, the online definition of Monetary Policy is not really compatible with the way Bitcoin actually works. 

Maybe you are referring to Bitcoin and its affect on Monetary policy of Nations, you could check this out.https://www.coincenter.org/education/policy-and-regulation/how-do-cryptocurrencies-affect-monetary-policy/ I haven't fully gone through the publication and can't confirm whether the information there is correct.
I understood it as "policies regarding bitcoin in nations", like some nations ban it, some nations allow it, some nations do not have any laws about it at all and just assume laws on per case basis, and some nations regulate it some do not etc etc. Like how a nation makes laws about stuff, and I thought this was about something like that, I do not know maybe I understood it wrong but that is what that seemed like for me and that is what I was looking for.

If it is about something else, OP could come in and write more about it but I feel like these kinds of topics usually end up being researched like crazy right after writing it here, because who would just write something this important and end up not caring about it and just red few answers and be fine with it? He probably researched it after writing here and found what he was looking for.


Title: Re: Bitcoin and monetary policy
Post by: el malagueno on March 12, 2021, 08:09:08 AM
thank you very much ,and HODL  ;) ;)


Title: Re: Bitcoin and monetary policy
Post by: Sterbens on March 13, 2021, 01:36:29 PM
To do a thesis or some kind of scientific research I would suggest that you visit book.cc, sci-hub, openlibrary, ebooklobby, and many more. then to find a correlation with cryptocurrency, you can visit CoinTelegraph and NewsBTC.


Title: Re: Bitcoin and monetary policy
Post by: orions.belt19 on March 13, 2021, 02:05:47 PM
Here (https://www.cfainstitute.org/-/media/documents/article/rf-brief/rfbr-cryptoassets.ashx) is a guide to Bitcoin, Blockchain, and Cryptocurrency for Investment professionals. Also, here  (https://www.youtube.com/watch?v=EH6vE97qIP4)is a youtube video on Blockchain and Money which was conducted at MIT, but that's more on the technical side of blockchain. This one (https://www.youtube.com/watch?v=5auv_xrvoJk&t=2237s) is more related to history of money and our financial systems and how bitcoin plays a part. Its a series so you can check out the others on their channel. Watching it was super fascinating to learn about history of the global finance and payments system. Essentially, ledgers are at the core of everything and the way we make payments has always gone through processes of evolution and change. This lecture was conducted by the guy who was nominated by joe biden himself to be the SEC chief.


Title: Re: Bitcoin and monetary policy
Post by: LUCKMCFLY on March 13, 2021, 03:34:07 PM
You must be very careful when you talk about monetary policy, if the judges of the project are very radical with respect to the traditional economy, you must enter by inflationary economy and deflationary economy, they will be governed by safe actions, example: Stock Market and its actions well supported, you have to emphasize above all on the Law of Supply and Demand, although Bitcoin does not have a backing in Gold, in precious stones, among others, it has a large market capitalization and that its main characteristic is that its Bitcoins are limited to 21Millions, this means that the economy that is believed to be clearly deflationary, I think that you can enter from that side.


Title: Re: Bitcoin and monetary policy
Post by: goaldigger on March 13, 2021, 11:15:42 PM
Hello everybody. I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.
Are you studying on general Bitcoin or you’re only limited to your country?
Probably, there’s a lot of different monetary policy on every country so if you’re studying this one you might not be able to finish it in 5 Months so you’d better to set your target place and from there, start digging for informations. Your Central bank have their own monetary policy with regards to Bitcoin, that can be your great source.


Title: Re: Bitcoin and monetary policy
Post by: el malagueno on March 14, 2021, 10:49:37 AM
I know that the judges could be traditionalist :-\ :-\


Title: Re: Bitcoin and monetary policy
Post by: maxreish on March 15, 2021, 03:45:44 AM
Here is one of an  article (https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bis.org/speeches/sp210127.pdf&ved=2ahUKEwirytv58bDvAhVSBogKHSE-D2AQFjANegQIDhAC&usg=AOvVaw1Y3RstE4wzvGrwiP_tjNbZ) in pdf form that help you to understand about the monetary system and the bitcoin. The effect of digital currency to the monetary policy of each country depends on how far the adoptation was achieved in different country. Different central banks have unique views about bitcoin itself.

Traditional monetary policy can not be changed easily but if you talk and represent about the future changes that was related with bitcoin, then it helps.


Title: Re: Bitcoin and monetary policy
Post by: blockman on March 15, 2021, 08:55:22 PM
I know that the judges could be traditionalist :-\ :-\
It would be great to update this thread again after 5 months or after you've defended your thesis. Watch out for the reaction of the judges/panelist and see how their faces look like.
And you'll get to see too how many of them were already into bitcoin. Good luck, you've got a lot of suggestions for your reference.


Title: Re: Bitcoin and monetary policy
Post by: el malagueno on March 16, 2021, 06:37:34 AM
I remember when I told to my friend last summer " the value of btc will be very high, btc is limited" then he tells me " every cryptocurrencies will drop, it's a bubble " btc was $ 10000 ,now is about 60000$.
Maybe one day also the judges will change idea. 8) 8)


Title: Re: Bitcoin and monetary policy
Post by: pinggoki on March 16, 2021, 03:37:51 PM
Hello everybody. I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.
Instead of finding some newspapers just go on some related websites or trusted websites just like coindesk, coincenter and other websites that are releasing different articles about cryptocurrency especially bitcoin. In order for you to defend your side, you must known everything so that when they ask, you will be able to answer them briefly. In those websites just like coindesk there are a lot of topics and articles there that might help you to understand on the topic of monetizing bitcoin and I hope it will help you.


Title: Re: Bitcoin and monetary policy
Post by: barbara44 on March 22, 2021, 07:23:09 AM
I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.
You can easily just search on google for help , the same thing you’re requesting here is still something that people will have to search it up Google before they can reply, since you said that what you need are links from newspapers, blogs and the rest of them.

So, you can just search on Google for that particular topic you’re looking for and see what comes up, then you can then try doing your search in different ways by twisting the words and seeing what extra is coming up. If you are looking for where to check for news, then sites like CCN, Coindesk, and the rest of them are going to be very helpful.


Title: Re: Bitcoin and monetary policy
Post by: Scripture on March 22, 2021, 02:10:56 PM
I know that the judges could be traditionalist :-\ :-\
It would be great to update this thread again after 5 months or after you've defended your thesis. Watch out for the reaction of the judges/panelist and see how their faces look like.
And you'll get to see too how many of them were already into bitcoin. Good luck, you've got a lot of suggestions for your reference.
I’m also wondering on the possible reaction of your thesis adviser here and the panelist, so its good to update this thread once you finished your study. Though, this market is huge to be discussed just choose the important details, collect all the needed data and if you have experience on this market you can also include that on your study, just don’t forget your reason on why you are choosing this topic.


Title: Re: Bitcoin and monetary policy
Post by: blackened515 on March 22, 2021, 10:19:53 PM
Why can't you download Bitcoin whitepaper and read it thoroughly, I think it'd would be better enough to understand more better about bitcoin and cryptocurrency, absolutely, it's better to have good background knowledge about the purpose of cryptocurrency, and that's for decentralization, payment techniques, mining processes, all these are special explanations you could be searching on, trust me, after knowing this you gonna be successful.


Title: Re: Bitcoin and monetary policy
Post by: Coroline on June 02, 2021, 11:50:37 PM
maybe can help you quote from https://www.dbs.com/insights/id-bh/uang-kripto-dan-sistem-moneter-di-masa-Depan.html

digital money is not under the control of state authorities. Bitcoin, for example, is the result of calculations in a computer system. This raises the question, can digital money replace money in circulation that is known to the public? Can the government control the inflation that arises from increasing the supply of crypto money?

Although the supply of one type of cryptocurrency can be limited, there is an opportunity for the publication of other types of cryptocurrencies so that in aggregate the supply of digital money continues to increase, even excessive.
One of the tools to maintain economic stability is monetary policy. When there is a recession, the money supply is increased to increase purchasing power. And vice versa when the economy is on the rise, supply is reduced so that the economy does not overheat. In this case, the presence of cryptocurrencies can challenge the role of the monetary authority.


Title: Re: Bitcoin and monetary policy
Post by: AicecreaME on June 03, 2021, 07:32:55 AM
Hello everybody. I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.

Your thesis is quite interesting. Though I suggest you specify what your coverage and scope of the study would be. List down what you want to be included in the field of your study, so that you won't waste your time reading unrelated works of literature. Bitcoin and monetary policy is a broad subject. In fact, bitcoin only covers a wide array of topics itself. You can look at several articles about bitcoin online. Utilize your resources such as your Internet since almost everything can be searched by using different browsers such as Google.

Also, I would like to suggest that be wary of the economical status of the countries you will use in your study. There are different classifications of economic status as well as the policies and regulations they have made. Define the terminologies briefly and precisely so that your supervisor will easily understand the essence of your study.


Title: Re: Bitcoin and monetary policy
Post by: fillippone on June 03, 2021, 10:35:04 PM
Hello everybody. I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy .
<…>

Hey, almost two months have passed since you opened this thread. Can you share some of your work? Is there a GitHub where we can read something?