Bitcoin Myths and Facts

2014; RELX Group (Netherlands); Linguagem: Inglês

10.2139/ssrn.2479670

ISSN

1556-5068

Autores

Campbell R. Harvey,

Tópico(s)

Blockchain Technology Applications and Security

Resumo

I will address eight common claims about bitcoin: 1. Physical bitcoins exist; 2. The founder of bitcoin is a person called Satoshi Nakamoto; 3. Bitcoin is mainly used for criminal activity; 4. A lack of security plagues bitcoin; 5. Mining is a waste of energy; 6. Bitcoin too small today to be an important economic force; 7. Bitcoin is currently too volatile to be viable; 8. Bitcoin is just another currency.

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