<p>Currently, it seems, most of Bitcoin-related published research are of technical and legal nature (according to <a href="http://scholar.google.ru/scholar?q=bitcoin&amp;btnG=&amp;hl=en&amp;as_sdt=0%2C5" rel="nofollow noreferrer">Google Scholar</a>, <a href="http://www.mendeley.com/research-papers/search/?query=bitcoin" rel="nofollow noreferrer">Mendeley</a>, <a href="https://en.bitcoin.it/wiki/Research" rel="nofollow noreferrer">Bitcoin Wiki</a>). 
While there is some economical analysis performed by community (<a href="https://en.bitcoin.it/wiki/Category:Economics" rel="nofollow noreferrer">wiki</a>, <a href="https://bitcoin.stackexchange.com/q/588/2343">this question</a>), I haven't managed to find any papers in peer-reviewed journals. </p>

<p><a href="http://www.quora.com/Bitcoin/Why-isnt-Bitcoin-interesting-to-leading-economists?share=1" rel="nofollow noreferrer">This discission</a> on Quora explains some of possible reasons for this. Excerpt from top answer by Erik Madsen:</p>

<blockquote>
  <p>Overall, Bitcoin is a fine example of a currency market, but it hasn’t
  (so far) told economists anything new about how the world works. It’s
  not surprising that most research on Bitcoin is from a cryptography
  standpoint, because that’s really the interesting part of the whole
  endeavor.</p>
</blockquote>

<p>and his comment on another answer:</p>

<blockquote>
  <p>Private currencies are no longer common, but they have existed.  And
  the intentional opaqueness of the market, and it IS quite opaque,
  means that its utility as a data source is severely limited.</p>
</blockquote>

CC BY-SA 3.0
2014-01-15T12:14:46.457Z
2014-01-15T12:14:46.457Z
2017-04-13T12:47:33.283Z
aland
<p>I was wondering if some economists started to create a research group around BitCoin, or published academic paper on it. In general, I was wondering how BitCoin was analyzed and studied in academic research. </p>

<economic-theory><academic-research>
Economics article on BitCoin
Arash
# Economics article on BitCoin

(Asked by: username_0 on 2014-01-15)

I was wondering if some economists started to create a research group around BitCoin, or published academic paper on it. In general, I was wondering how BitCoin was analyzed and studied in academic research.

**Tags:** economic-theory, academic-research


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## 1 answers

### Answer by username_1 on 2014-01-15. Score: 2 | Accepted answer

Currently, it seems, most of Bitcoin-related published research are of technical and legal nature (according to [Google Scholar](http://scholar.google.ru/scholar?q=bitcoin&btnG=&hl=en&as_sdt=0%2C5), [Mendeley](http://www.mendeley.com/research-papers/search/?query=bitcoin), [Bitcoin Wiki](https://en.bitcoin.it/wiki/Research)).
While there is some economical analysis performed by community ([wiki](https://en.bitcoin.it/wiki/Category:Economics), [this question](https://bitcoin.stackexchange.com/q/588/2343)), I haven't managed to find any papers in peer-reviewed journals.

[This discission](http://www.quora.com/Bitcoin/Why-isnt-Bitcoin-interesting-to-leading-economists?share=1) on Quora explains some of possible reasons for this. Excerpt from top answer by Erik Madsen:

> Overall, Bitcoin is a fine example of a currency market, but it hasn’t
> (so far) told economists anything new about how the world works. It’s
> not surprising that most research on Bitcoin is from a cryptography
> standpoint, because that’s really the interesting part of the whole
> endeavor.

and his comment on another answer:

> Private currencies are no longer common, but they have existed. And
> the intentional opaqueness of the market, and it IS quite opaque,
> means that its utility as a data source is severely limited.


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