Introduction to Bitcoin
Publication Type
Book Chapter
Publication Date
2015
Abstract
This chapter considers the evolution of alternative digital currencies from DigiCash to Bitcoin, the very digital currency that has spurred the development of this book. Specifically, this chapter explores the general features of Bitcoin and its benefits and risks before suggesting some conditions for a successful cryptocurrency to thrive. The chapter then concludes with optimism about the future of cryptocurrency and its underlying technology.
Keywords
Bitcoin primer, Introduction to cryptocurrency, Future of cryptocurrency, Benefits and risks of bitcoin, Financial innovation, Electronic finance
Discipline
Business | E-Commerce
Research Areas
Quantitative Finance
Publication
Handbook of Digital Currency: Bitcoin, Innovation, Financial Instruments, and Big Data
Editor
Lee, David K. C.
First Page
5
Last Page
30
ISBN
9780128021170
Identifier
10.1016/B978-0-12-802117-0.00001-1
Publisher
Elsevier Academic Press
City or Country
Amsterdam
Citation
LAM, Pak Nian and LEE, David K. C..
Introduction to Bitcoin. (2015). Handbook of Digital Currency: Bitcoin, Innovation, Financial Instruments, and Big Data. 5-30.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/4211
Additional URL
https://doi.org/10.1016/B978-0-12-802117-0.00001-1