Establishment of an asset purchase program The third measure is to establish a program for carrying out, for example, asset purchases. In order to aim at a decline in longer-term market rates and a reduction in various risk premiums, the Bank decided this time to purchase a variety of financial assets.
What started off as a medium of exchange has appeal similar to that of a speculative asset. 15. As a store of value, cryptocurrencies like bitcoin have given impressive returns so far, but so did tulips in 17th century Netherlands. Cryptocurrencies are very much like a speculative or gambling contract working like a Ponzi scheme.