Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition) ›› 2014, Vol. 16 ›› Issue (1): 38-42.

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Impact of Bitcoin on the RMB Based on Trading Patterns

  

  1. School of Economics and Management, Beijing University of Posts and Telecommunications,
    Beijing 100876, China
  • Online:2014-02-28 Published:2023-03-27

Abstract:

Bitcoin has recently got broad interest due to its continuous appreciationThis paper presents that Bitcoin is far enough to affect the status of the RMB based on the analysis of Bitcoin’s credit rating and trading patterns Bitcoin will neither change the number of the RMB nor impact China’s financial system, but Bitcoin needs to be guarded against the risk of investment

Key words: Bitcoin, credit, trading pattern

CLC Number: