Benefits from Using Bitcoin: Empirical Evidence from a European Country

Rainer Schmidt, Michael Möhring, Daniel Glück, Ralf Haerting, Barbara Keller and Christopher Reichstein
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Rainer Schmidt: Munich University of Applied Sciences, Munich, Germany
Michael Möhring: Munich University of Applied Sciences, Munich, Germany
Daniel Glück: Aalen University of Applied Sciences, Aalen, Germany
Ralf Haerting: Aalen University of Applied Sciences, Aalen, Germany
Barbara Keller: Aalen University of Applied Sciences, Aalen, Germany
Christopher Reichstein: Aalen University of Applied Sciences, Aalen, Germany

International Journal of Service Science, Management, Engineering, and Technology (IJSSMET), 2016, vol. 7, issue 4, 48-62

Abstract: Bitcoin is the most successful approach for establishing a currency outside of state supervision and government institutions. Besides, Bitcoin is very controversial discussed. Therefore, a further investigation of different aspects of the benefit of using Bitcoin should be realized in order to identify some core aspects of the digital currency Bitcoin. In this context, the study described in the following achievements is done. It shows that there exist key aspects, like dissemination as well as safety, which are important impact factors on users' benefit of using a digital currency like Bitcoin. In addition, it also gives implications for a further development of the topic and aspects for future research.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jssmet:v:7:y:2016:i:4:p:48-62

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International Journal of Service Science, Management, Engineering, and Technology (IJSSMET) is currently edited by Ahmad Taher Azar

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