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Nov 18 2020, 14:00 GMT
Against a backdrop of growing interest, in this thematic report we undertake a deep-dive on the economic and technological principles of Bitcoin. Software is eating the world and reshaping the architecture of the monetary system – one inclusive of digital assets. The pandemic has accelerated monetary easing and digitisation, driving a growing interest in cryptocurrencies. Bitcoin is the king of the crypto jungle, a technology prodigy with a dominant market position. Its technological and monetary properties arguably rank it senior to gold as a non-sovereign store of value. Recent corporate investment is also helping to legitimise bitcoin’s use case as a treasury reserve asset.