Bitcoin, a virtual currency that employs a novel technology that engenders trust and value in a decentralized peer-to-peer network, has exploded in use since it was first introduced in 2009. Yet, despite this explosive growth, researchers have barely started to investigate who uses Bitcoin, how and why they are used, and what the growth of virtual currency means for society. This paper examines Bitcoin as a currency, software platform, and community. It discusses the background of the virtual currency and presents the results of one of the first exploratory surveys to ask Bitcoin users and nonusers alike their opinions about Bitcoin and how these opinions relate to personal and cultural values. We examine how these views about Bitcoin are informed by attitudes towards money, technology, government, and social structure.
|Title of host publication||Social Informatics - 8th International Conference, SocInfo 2016, Proceedings|
|Editors||Yong-Yeol Ahn, Emma Spiro|
|Number of pages||21|
|State||Published - 2016|
|Name||Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)|
Bibliographical notePublisher Copyright:
© Springer International Publishing AG 2016.
- Virtual currency
ASJC Scopus subject areas
- Theoretical Computer Science
- Computer Science (all)