Ed Saiedi|Anders Broström|Felipe Ruíz
Global drivers of cryptocurrency infrastructure adoption
KTH Royal Institute of Technology|KTH Royal Institute of Technology|Universidad Politécnica de Madrid
abstract vast digital ecosystem entrepreneurship exchange sprung bitcoins digital infrastructure core explore worldwide spread infrastructure necessary maintain grow bitcoin system bitcoin nodes infrastructure enabling use bitcoins everyday economic transactions bitcoin merchants specifically investigate role legal criminal financial social determinants adoption bitcoin infrastructure offer support view adoption cryptocurrency infrastructure driven perceived failings traditional financial systems spread bitcoin infrastructure associated low trust banks financial system among inhabitants region occurrence countrylevel inflation crises hand findings also suggest active support bitcoin higher locations welldeveloped banking services finally find support view bitcoin adoption also partly driven cryptocurrencies usefulness engaging illicit trade