On January 3, 2020, the Bitcoin network officially turns 11 and the technology has transformed the lives of many. Since blockchain’s inception, scholars and economists have rigorously studied and written thousands of academic papers covering the subject. In 2019, there were more than 13,700 academic papers and Google Scholar articles published that mention the Bitcoin protocol.
Academia Loves Bitcoin
On Halloween 2008, Satoshi Nakamoto dropped the Bitcoin whitepaper on the internet and it’s likely he didn’t know how massive his invention would become. After publishing the paper on the Cryptography Mailing List, two months later he launched the network. The technology slowly started gathering traction on the internet and people would hear about it in passing in forums and social media. In 2009, almost immediately after the Bitcoin network’s launch, analysts, teachers, students, and economists took notice of the fascinating protocol called Bitcoin. So scholars began to research the subject regularly creating systematic work and papers in order to increase knowledge of blockchain technology and cryptocurrency solutions. In 2009, there were roughly 83 Google Scholar articles that mentioned Bitcoin and in 2010 the number jumped to 136 academic reports.
Studies involving the subject of cryptocurrency continued to create a great stock of knowledge. Digital currency papers that were published helped establish standards and confirm facts, alongside reaffirming the results of network testing. Moreover, studious researchers wrote papers in order to solve issues with distributed ledger technology. Cryptocurrency papers and academic journals discussed and supported theorems and hypothetical questions as well. In 2011 through 2013 lots of Google Scholar papers called blockchain technology a…