Iwamura, Mitsuru; Kitamura, Yukinobu; Matsumoto, Tsutomu; … - Institute of Economic Research, Hitotsubashi University - 2014
This paper discusses the potential and limitations of Bitcoin as a digital currency. Bitcoin as a digital asset has been extensively discussed from the viewpoints of engineering and security design. But there are few economic analyses of Bitcoin as a currency. Bitcoin was designed as a payments...