Cross-Country Variation in Bitcoin Adoption Speed

12 Pages Posted: 17 Dec 2021

See all articles by Wei Du

Wei Du

West Chester University

Z. Tingting Jia

Bucknell University

Lei Zhu

West Chester University of Pennsylvania

Abstract

In this paper, we create a Q-index to capture the speed of Bitcoin adoption and show the variationin the adoption speed across 84 countries. We find that the adoption speed is related to a set ofsocial-economic factors, and that developed countries lead in learning and adopting Bitcoin.

Keywords: Bitcoin adoption, searching activities, adoption speed

Suggested Citation

Du, Wei and Jia, Z. Tingting and Zhu, Lei, Cross-Country Variation in Bitcoin Adoption Speed. Available at SSRN: https://ssrn.com/abstract=3987969 or http://dx.doi.org/10.2139/ssrn.3987969

Wei Du (Contact Author)

West Chester University ( email )

West Chester, PA 19383
United States

Z. Tingting Jia

Bucknell University ( email )

701 Moore Ave.
Lewisburg, PA 17837
United States

Lei Zhu

West Chester University of Pennsylvania ( email )

West Chester, PA 19383
United States

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