Bitcoin’s Fatal Flaw: The Limited Adoption Problem
SSRN
August 6, 2019"Bitcoin remains sparsely adopted even a decade after its birth. We demonstrate theoretically that this limited adoption arises as an inescapable equilibrium outcome rather than as a transient feature."
— Franz J. Hinzen, Kose John, & Fahad Saleh
Grad Students, NYU
BTC price when published:
$11,467.2
Current BTC price:
$82,387.54
Price change:
+618.46%