NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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How Do Private Digital Currencies Affect Government Policy?

Max Raskin, Fahad Saleh, David Yermack

NBER Working Paper No. 26219
Issued in September 2019

---- Acknowledgments ----

We thank Franz Hinzen, Gur Huberman, Gloria Yu and conference participants at the ABFER/ NUS/ MAS Workshop on Digital Currency Economics for comments. Part of this paper was written while David Yermack was a visiting professor at Erasmus University Rotterdam. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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