Economists Suggest Central Bank of Barbados to Hold Bitcoin Reserve

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Barbados flagA new operative paper patrician “Should Cryptocurrencies Be Included in a Portfolio of International Reserves Held by a Central Bank of Barbados” suggests a Barbadian Central Bank to reason a tiny apportionment of Bitcoin as a partial of a unfamiliar banking reserves.

The paper is authored by dual economists – Winston Moore and Jeremy Stephen who prior worked during a Central Bank of Barbados and now harangue during a University of West Indies.

The finish operative paper can be review or downloaded here. [PDF]

The paper records that Barbados maintains a brace opposite a US dollar, creation it required for a Central Bank of Barbados to reason adequate pot of several unfamiliar currencies as a precautionary measure.

The authors note their paper provides “an comment of a intensity advantages and costs of holding bitcoins as partial of a portfolio of general pot regulating a box of Barbados.”

The Working Paper’s Methods

The paper was combined from a use of dual categorical experimental collection used


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