(PDF) Economic Issues on M-Payments and Bitcoin

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Anton Badev & Matthew Chen, 2014. "Bitcoin: Technical Background and Data Analysis," Finance and Economics Discussion Series 2014-104, Board of Governors of the Federal Reserve System (U.S.), revised 07 Oct 2014. Badev, Anton & Beck, Thorsten & Vado, Ligia & Walley, Simon, 2014. December 2014 Bitcoin: Technical Background and Data Analysis. Anton Badev and Matthew Chen. Abstract: This paper provides the necessary technical background to understand basic Bitcoin operations and documents a set of empirical regularities related to Bitcoin usage. Anton Badev, Matthew Chen " Bitcoin: Technical Background and Data Analysis ", In Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs Federal Reserve businesses to accept bitcoins in exchange for goods and services. A For a more complete description of Bitcoin, including a more technical overview of a Bitcoin transaction, see “Bitcoin: Technical Background and Data Analysis.” Anton Badev and Matthew Chen. October 7, 2014. As the authors Anton Badev and Matthew Chen find: In the past 24 months, the USD-BTC exchange rate increased more than 50-fold. We also document that the exchange rates between bitcoin and

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Bitcoin will be worth $1'000'000! Here's why...

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