NYU Stern
Share / Print
Faculty News

Prof. David Yermack's research on Bitcoin is featured

bloomberg logo feat

Excerpt from Bloomberg -- "To test the case for Bitcoin as a currency, Yermack compared it against the three major characteristics of money: that it serves as a medium of exchange, a unit of account and store of value. On this test, Bitcoin increasingly serves as a medium of exchange because more companies accept it, Yermack said. Where it fails is as a unit of account and store of value, he said."

Read more

Additional coverage appeared on Business Insider, Yahoo! Finance and the Daily Herald.