An Economist's Perspective on the Bitcoin Payment System
- (pp. 93-96)
AbstractThe 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.
CitationHuberman, Gur, Jacob D. Leshno, and Ciamac Moallemi. 2019. "An Economist's Perspective on the Bitcoin Payment System." AEA Papers and Proceedings, 109: 93-96. DOI: 10.1257/pandp.20191019
- E42 Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems