Work

Bitcoin - Asset or Currency? Revealing Users' Hidden Intentions

Year: 2014

Type: article

Abstract: DIGITAL CURRENCIES ARE A GLOBALLY SPREADING PHENOMENON THAT IS FREQUENTLY AND PROMINENTLY ADDRESSED BY MEDIA, POLITICS AND ACADEMIA. WE AIM AT GIVING EMPIRICAL INSIGHTS ON WHETHER USERS’ INTEREST REGARDING DIGITAL CURRENCIES IS DRIVEN BY ITS APPEAL AS AN ASSET OR ITS UTILITY AS A CURRENCY. BASED ON OUR EVALUATION, WE FIND STRONG INDICATIONS THAT ESPECIALLY UNINFORMED USERS APPROACHING BITCOIN ARE NOT PRIMARILY INTERESTED IN AN ALTERNATIVE TRANSACTION SYSTEM, BUT SEEK TO PARTICIPATE IN AN ALTERNATIVE INVESTMENT VEHICLE.

Source: Publication Server of Goethe University Frankfurt am Main (Goethe University Frankfurt)

Authors: Florian Glaser, Kai Zimmermann, Martin Haferkorn, Moritz Weber, Michael Siering

Institutions: Karlsruhe Institute of Technology, Goethe University Frankfurt

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

Open Access status: green

OpenAlex ID: W1935291012

FWCI: 54.27

Cites: 4

Cited by: 464

Related to: 20