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Pay Me In Bitcoin - Setting up crypto payment systems
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Pay Me In Bitcoin - Setting up crypto payment systems

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Bitcoin: A three-lateral view on the worlds first cryptocurrency

In October of 2008 some using the pseudonym “Satoshi Nakamoto” created Bitcoin. A yet unknown currency that would change financial markets sustantially.

Since Bitcoin has often been looked at from a mainly economic point of view we aimed at performing a greater view from different angles. You may enjoy our findings.

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Ecological aspect

BitCoins are Coins that need to be “mined” to make their way into existence. A lot of electricity is needed for Bitcoins to be mined. This often comes from fossil fuels. But how much?

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Social aspect

When computers were invented, people's lives changed fundamentally. To what extent does this apply to blockchain technology and Bitcoin?

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Economic aspect

International payment service providers send out many billions every day. States issue national currencies. How does bitcoin compare?

Questions you may have

Since Bitcoin and its Technology is relatively young, one may have certain questions he’s curious about:

  • What is Bitcoin?
  • How does/did it affect our life?
  • Is Bitcoin harmful to our environment?
  • What chances does it create?

© Chair for Strategy and Organization, Technical University of Munich

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