The business cycle

Cryptocurrencies: Money supply

By May 18, 2018 January 16th, 2019 No Comments

Our estimate of crypto money in circulation in current dollar terms shows that there is a slowdown in the rate of growth this year, but  a fast expansion nonetheless. The size of “crypto-money” is miniscule relative  to established currencies, but large enough to be comparable for example to the increase in eurozone nominal GDP last year.