cryptocurrency investors are motivated by distrust in fiat currencies or regulated finance. Compared with the general population … cryptocurrency investors tend to be educated, young and digital natives. In recent years, a gap in ownership of cryptocurrencies …

In 2009, a curious new virtual currency called Bitcoin made its first appearance on the Internet. While it remains a … “niche” currency relative to other major denominations like the U.S. dollar, Bitcoin has experienced significant growth since … each. Today, Bitcoin's total market capitalization is about $6 billion, and in the past it has been as high as $13 billion …

Can Bitcoin remain tamper proof in the long run? We use block-level data from the Bitcoin blockchain to estimate the … identify an aggregate demand curve for bitcoin transactions. We find that Segwit has reduced fee revenue by about 70%. Fee …