Bitcoin Forum

Does anybody have any really good resources for researching the topic of the internet's and bitcoin's impact on the economy? These would have to be more scholarly sources, rather than the general .com sites that can be thrown together by just about anyone   :D

It's too niche to have any significant impact

The Federal Reserve just published a paper on it --> http://www.federalreserve.gov/econresdata/feds/2014/files/2014104pap.pdf?p=cite_@inthepixels (http://www.federalreserve.gov/econresdata/feds/2014/files/2014104pap.pdf?p=cite_@inthepixels)

It's a start.

Bitcoin, sure, but certainly not the internet. I guess I'm thinking more long term with bitcoin, rather than what we currently have, even though it still is decently large

That one's really good, thanks!

http://www.ericsson.com/industry-transformation/wp-content/uploads/sites/6/2014/11/ict-and-the-future-of-financial-services.pdf

Not sure if that got close to what you were looking for but you could certainly check this out. It's not scholarly by any means but it's certain written by people who has knowledge on economy.

That's good, I can use some of that, thanks

Same thing if you have some cash. With bitcoin, you buy something today, and it will be the exact same percentage of the 21 million coins that there can ever be. It's perfect. We have never seen something so perfect from that point of view. In terms of the divisibility, each bitcoin is made up of a hundred million Satoshis. It's incredibly easy to divide. And in terms of the transportability, it's also something that we never seen before. Whereas with gold, it's a stupid transaction; you're dealing with coins and exact change. And we have to trust a third party. In the past, we'd go to the Medicis or the Rothschilds and they would write letters of credit and you would trust that I had gold there.

I think prior comments about how it's not enough of an impact to be studied much by economists is probably about right. But you might find sources of information--try looking at mobile payments more broadly. Look at Kenya and M-PESA, example. Maybe Argentina, since it's got a growing BTC presence.

Here's a new article on that: http://www.nytimes.com/2015/05/03/magazine/how-bitcoin-is-disrupting-argentinas-economy.html?&moduleDetail=section-news-0&action=click&contentCollection=Magazine&region=Footer&module=MoreInSection&version=WhatsNext&contentID=WhatsNext&configSection=article&isLoggedIn=false&pgtype=article

Maybe Xapos has information on its impact in South America and that kind of thing.

A couple of potentially informative things I have just looked up are here:
http://www.cebr.com/wp-content/uploads/2014/03/Mobile-payment-benefits-to-retailers-and-consumers-Cebr-Zapp-report-FINAL-19.03.2014.pdf

http://www.techrepublic.com/article/the-worlds-unlikely-leader-in-mobile-payments-kenya/


http://www.mit.edu/~tavneet/M-PESA.pdf

http://www.fsassessment.umd.edu/publications/pdfs/Kenya-MPESA-Community.pdf

http://www.ryanlhunt.com/m-pesa/

http://www.kellogg.northwestern.edu/kellogg-case-publishing/case-search/case-detail.aspx?caseid=%7Bc82bd143-acde-43ac-af59-6d79ed35ff58%7D

https://www.nber.org/papers/w16721

http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/AFRICAEXT/0,,contentMDK:22551641~pagePK:146736~piPK:146830~theSitePK:258644,00.html

I cant really find anything, but sometimes you`ll see local areas that do accept bitcoin and the imact is on a local level.

And thats some impact, but its not something you can measure though.

Although the paper was done a long while ago, those look like they're great reads, definitely gonna skim through them. Always interesting to read new stuff like this  :)

This could be a very good resource I think. I haven't see it because must register and I have not interest about this topic but for you might be interested because is an academic paper. http://www.academia.edu/8080162/BITCOIN_ITS_ECONOMIC_IMPACTS (http://www.academia.edu/8080162/BITCOIN_ITS_ECONOMIC_IMPACTS)