@article{Economics:1663, recid = {1663}, author = {Gans, Joshua S. and Halaburda, Hanna}, title = {Some Economics of Private Digital Currency}, address = {2013}, pages = {1 online resource (iii, 27 pages)}, abstract = {This paper reviews some recent developments in digital currency, focusing on platform-sponsored currencies such as Facebook Credits. In a model of platform management, we find that it will not likely be profitable for such currencies to expand to become fully convertible competitors to state-sponsored currencies.}, url = {http://www.oar-rao.bank-banque-canada.ca/record/1663}, doi = {https://doi.org/10.34989/swp-2013-38}, }