An Economist’s Perspective on the Bitcoin Payment System

An Economist’s Perspective on the Bitcoin Payment System

The paper's introduction offers a high-level review of Bitcoin's features, especially its governance by protocol. The paper proceeds to summarize Bitcoin's analysis as a payment system. It pays particular attention to a comparison between Bitcoin and a firm-run payment system.

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Bibliographische Detailangaben
Veröffentlicht in:AEA papers and proceedings 2019-05, Vol.109, p.93-96
Hauptverfasser: Huberman, Gur, Leshno, Jacob D., Moallemi, Ciamac
Format: Artikel
Sprache:eng
Schlagworte:
CRYPTOCURRENCY MARKETS
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Beschreibung
Zusammenfassung:The paper's introduction offers a high-level review of Bitcoin's features, especially its governance by protocol. The paper proceeds to summarize Bitcoin's analysis as a payment system. It pays particular attention to a comparison between Bitcoin and a firm-run payment system.
ISSN:2574-0768
2574-0776
DOI:10.1257/pandp.20191019