Computer Science
5 years ago

Bitcoin: High-Risk Investment, Not Future Currency for Everyday Transactions.

Financial and Economic Review
Bitcoin: Digital Illusion or a Currency of the Future?
Gyöngyi Bugár, Márta Somogyvári

Paper Summary

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Bitcoin has not become a widely used form of payment because it is seen as a risky investment instead of a currency. The technology behind bitcoin and its popularity are explored in the article. The researchers found that, as it is now, bitcoin is not suitable for everyday transactions.