Bitcoin exhibits all a characteristics of a singular and critical item class

Bitcoin Watch Shop

A new investigate paper published by ARK Investment Management LLC (Ark Invest) and Coinbase, Bitcoin: Ringing a Bell for a New Asset Class, creates a clever box that bitcoin is “the initial of a kind in a new item category – cryptocurrency.”

Ark Invest’s blockchain researcher and products lead, Chris Burniske, and Coinbase Vice President of Business Development Strategy, Adam White, co-authored a paper, that explores a merits of cryptocurrency as a new item category for investors.

– Burniske and White

While a authors of a paper are not a initial to advise that cryptocurrencies paint a bona fide item class, that investors should be examination like any other, they do seem to be a initial to quantify and validate that view in an investment bank-ready report.

Burniske and White used a clarification of an item category addressed in Robert Greer’s seminal 1997 paper, What is an Asset Class, Anyway? In his paper, Greer

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