• Corpus ID: 245960028

Charting the Bitcoin Universe (and other New Research)

  title={Charting the Bitcoin Universe (and other New Research)},
  author={Satoshi Nakamoto},
A new article from the National Bureau of Economic Research offers a rare academic peek into this opaque world. Blandly titled, “Blockchain Analysis of the Bitcoin Market,” the article asserts that the Bitcoin universe is a noisy place, dominated by speculative and willfully redundant trading, with concentrated ownership of the coins. Money laundering and tax evasion represent a relatively small percentage of total trading volume, the researchers found. But it still represents a sizable sum of…