Simulation of Bitcoin in Dollarized Economies

Jana Salim

Abstract


The objective is to study how bitcoin should be used in dollarized economies and how bitcoin is distributed to people according to their life deeds. The bitcoin contradicts all the Keynesian Economic Theory whereas bitcoin increases, its prices increase too, and this is different from the normal theory. How and why bitcoin has been built and the new universal technological techniques behind bitcoin.

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DOI: https://doi.org/10.22158/jetr.v4n1p41

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