Friday, September 22, 2023
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

Is Crypto’s Volatility Bad for the Financial System?

in Opinion
Is crypto’s volatility bad for the financial system?
Share on LinkedinShare on WhatsApp

Cryptocurrencies are famous for exposing investors to wild price changes. Bitcoin, for example, appreciated more than 70 percent during the first quarter of 2021, but on May 19 of that year, dropped by 30 percent in the course of the day before recovering some of its value. Do such dramatic climbs and falls reflect changes in fundamental information about crypto assets? Or are they driven by investor sentiment? And as cryptocurrencies become more salient to the financial system, does their price volatility pose a risk to broader financial stability? To explore these questions, Chicago Booth’s Initiative on Global Markets polled its US and European experts panels on the roots and possible consequences of crypto’s ups and downs.

- <strong>is crypto’s volatility bad for the financial system? </strong>

Judith Chevalier, Yale

“I would also have agreed if the question asked about the value of gold bullion.”

Response: Agree

—

Darrell Duffie, Stanford

“Despite use cases such as remittances and illegal payments, total dollar volatility seems out of proportion to the value of such services.”

Response: Strongly agree

—

Christian Leuz, Chicago Booth

“Clearly speculation drives much of the volatility, but there’s also evidence that hashrate, network size, or more traditional pricing factors matter.”

Response: Uncertain

—

- <strong>is crypto’s volatility bad for the financial system? </strong>

Jan Pieter Krahnen, Goethe University Frankfurt

“There is a rising risk of contagion into the regulated banking sector if crypto assets become part of the asset universe held by banks.”

Response: Agree

—

Lubos Pastor, Chicago Booth

“Perhaps one day, but today we are still very far from such a situation. Moreover, regulation is already happening, at least in Europe.”

Response: Disagree

—

Richard Schmalensee, MIT

“If they become a serious risk, one would hope that regulations would be changed.”

Response: Uncertain

—

(Courtesy Chicago Booth. CBR – IGM Poll)

Tags: Chicago BoothCryptocurrency

Related Posts

Anheuser-busch ends its traditional clipping of clydesdale tails
Opinion

Anheuser-Busch ends its traditional clipping of Clydesdale tails

Crayola shifts toward flower sales
Opinion

Crayola shifts toward flower sales

Us consumers aim to cut back spending during the holiday season
Opinion

US consumers aim to cut back spending during the holiday season

Us strikes push four-day workweek movement into focus
Opinion

US strikes push four-day workweek movement into focus

Fda says popular cough decongestant doesn’t work
Opinion

FDA says popular cough decongestant doesn’t work

Gas sales push us retail spending up in august
Industry

Gas sales push US retail spending up in August

Spacex’s rocket launch monopoly may cause future issues
Opinion

SpaceX’s rocket launch monopoly may cause future issues

Lyft to let female and non-binary riders select driver’s gender
Opinion

Lyft to let female and non-binary riders select driver’s gender

Furniture companies flailing due to changing consumer spending
Opinion

Furniture companies flailing due to changing consumer spending

Weight loss drugs may curb addictive behaviors
Opinion

Weight loss drugs may curb addictive behaviors

No Result
View All Result

Recent Posts

  • Deep-sea mining could be source of minerals critical to Earth’s future
  • Neuralink to begin human trials
  • Anheuser-Busch ends its traditional clipping of Clydesdale tails
  • US brings back free at-home Covid tests
  • Instacart loses IPO gains during second trading day

Recent Comments

  • Juul Unveils Cutting-Edge Vaping Tech: Navigating FDA Uncertainties – iStreetPark Blog on Juul hopes FDA won’t ban its new high-tech vape
  • CEO North America, August - September 2023 - CEO North America on Interviews – CEO North America, October – November 2022
  • CEO North America, August - September 2023 - CEO North America on CEO North America, December 2022 – January 2023
  • CEO North America, August - September 2023 - CEO North America on Why Tech Companies Are Moving to Texas and Florida
  • CEO North America, August - September 2023 - CEO North America on CEO North America, February 2023 – March 2023

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials – stuart.james@ceo-na.com

Advertising – media@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

 

MEXICO CITY

Paseo de la Reforma 296,
Floor 38
Mexico City
06600
MEXICO

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials –
stuart.james@ceo-na.com

Advertising –
media@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

MEXICO CITY

Paseo de la Reforma 296,
Floor 38
Mexico City
06600
MEXICO

CEO North America © 2022 - Sitemap

No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Warning: array_sum() expects parameter 1 to be array, null given in /home/ceonacom/public_html/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111