A 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