Faculty News
Prof. David Yermack's research on Bitcoin is featured
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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."
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Additional coverage appeared on Business Insider, Yahoo! Finance and the Daily Herald.
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Additional coverage appeared on Business Insider, Yahoo! Finance and the Daily Herald.