A Fiscal-Monetary Framework for The Era of Coexistence: Fiat and Cryptocurrency in National Reserve Strategies
- Country : England
- Subject :
This study examines the fiscal and monetary implications of integrating Bitcoin (BTC) into national sovereign reserves, with a focus on its potential impact on debt sustainability, interest rate dynamics, and fiscal credibility. The paper introduces two key models. The first, BTC Price-to-Liquidity Market Model (
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