An Economist’s Perspective on the Bitcoin Payment System

Abstract

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.

Authors: Gur Huberman, Jacob Leshno, and Ciamac Moallemi
Format: Journal Article
Publication Date: May 1, 2019
Journal: AEA Papers and Proceedings

Full Citation

Huberman, Gur, Jacob Leshno, and Ciamac Moallemi

. “An Economist’s Perspective on the Bitcoin Payment System.”

AEA Papers and Proceedings

vol.

109

, (May 01, 2019):