Bitcoin is becoming the new gold and platinum, and that’s not good news for the technology that underpins the digital currency.
A paper published on Tuesday by the National Bureau of Economic Research (NBER) found that the digital cryptocurrency is a valuable store of value, even though its price is still low.
Bitcoin is a digital asset that can be traded on the blockchain, an online database that records transactions, and its value is directly linked to the number of bitcoins it holds.
“It is not a bubble or a bubble bubble.
It is a bubble,” NBER economist Michael Mandel wrote in the paper.
“We do not expect it to become a money.
And it is unlikely to become such.”
Bitcoin has gained in value by as much as 25 percent in the last three years, according to a report from CoinDesk.
That is not bad news for an asset that has a hard time gaining traction in a world dominated by central banks and governments.
It also is not great news for Bitcoin users who want to make sure they have a solid investment, because a digital wallet is hard to set up.
The digital wallet “is not the best way to store bitcoins,” said Adam White, CEO of wallet provider LedgerX.
“They are expensive, they are very difficult to use and they have been known to crash.”
The paper also found that a digital currency has the potential to be a good investment, given its volatility.
The NBER report noted that “bitcoin’s volatility has made it a very volatile investment.”
Bitcoin prices fluctuate because of the price of gold and other precious metals, which are not traded online, and because of fluctuations in the value of the world’s supply of bitcoins.
Bitcoins are backed by no central authority and are not backed by any government.
It’s possible that bitcoin could fall in value in the future, but that’s hard to predict, according for one reason: It’s not a commodity.
The value of bitcoin in terms of dollars is much higher than in terms on Wall Street, according the NBER paper.
White said the paper “shows bitcoin is not an asset.
It has not become the gold standard of digital currencies.”
It’s the price volatility that has put bitcoin’s price in a bubble, he said.
Bitcoin has a high volatility because the currency has never been backed by a government.
And because of that, it’s not possible for bitcoin users to store the value in a bank account or with a physical wallet.
This volatility makes bitcoin a risky investment.
“Bitcoin has a great volatility, which makes it difficult to hold,” White said.
“The most difficult part of bitcoin is the volatility.”
That volatility has led to a boom in the number and size of Bitcoin-related businesses.
In fact, there are currently more than 1,000 Bitcoin-focused businesses on the platform, according CoinDesk data.
In addition to businesses, the number is growing at an exponential rate.
In December, Coinbase, a wallet provider that offers Bitcoin transactions, reported it had about 100,000 users, a growth of more than 250 percent in less than a year.
That number has doubled in the past two months.
In 2016, Coinbase reported it has roughly 100,0000 users.
The growth has also been driven by the emergence of new digital currency types like Litecoin and Bitcoin Cash.
Bitcoin Cash, which was introduced in 2018, is the second digital currency with a blockchain-based blockchain, a digital ledger that records the transactions of transactions on the cryptocurrency.
In 2017, the blockchain was the most popular digital currency in the world.
Bitcoin users can spend bitcoins to buy things in stores or online, including goods and services.
The price of a bitcoin fluctuates because of Bitcoin’s volatility.
Bitcoin’s price fluctuates to make it hard to buy.
It often is lower than other cryptocurrencies because of this volatility.
For example, in January, the price was at $1,000.
By February, it had risen to more than $2,000, according data from CoinMarketCap.
But the NBS study also noted that bitcoin’s volatility does not make it a good store of wealth.
“While the volatility of bitcoin’s supply is difficult to predict for the foreseeable future, the overall trajectory of the cryptocurrency is likely to be positive,” the report said.
But if you’re worried about bitcoin’s future, you should know that you’re not alone.
The market for digital currencies is expected to continue to grow in the coming years.
According to a March report from Nomura, a Japanese financial research firm, digital currencies like Bitcoin are likely to grow at an average annual rate of 5 percent.
The report noted the number could increase as more companies create their own digital wallets.
But for now, “Bitcoin is likely only a niche digital asset with limited liquidity,” the study said.