Characteristics of Bitcoin users: an analysis of Google search data. Yelowitz, A. & Wilson, M. Applied Economics Letters, 22(13):1030--1036, September, 2015. 00019Paper doi abstract bibtex The anonymity of Bitcoin prevents analysis of its users. We collect Google Trends data to examine determinants of interest in Bitcoin. Based on anecdotal evidence regarding Bitcoin users, we construct proxies for four possible clientele: computer programming enthusiasts, speculative investors, Libertarians and criminals. Computer programming and illegal activity search terms are positively correlated with Bitcoin interest, while Libertarian and investment terms are not.
@article{yelowitz_characteristics_2015,
title = {Characteristics of {Bitcoin} users: an analysis of {Google} search data},
volume = {22},
issn = {1350-4851},
shorttitle = {Characteristics of {Bitcoin} users},
url = {http://dx.doi.org/10.1080/13504851.2014.995359},
doi = {10.1080/13504851.2014.995359},
abstract = {The anonymity of Bitcoin prevents analysis of its users. We collect Google Trends data to examine determinants of interest in Bitcoin. Based on anecdotal evidence regarding Bitcoin users, we construct proxies for four possible clientele: computer programming enthusiasts, speculative investors, Libertarians and criminals. Computer programming and illegal activity search terms are positively correlated with Bitcoin interest, while Libertarian and investment terms are not.},
number = {13},
urldate = {2016-09-03TZ},
journal = {Applied Economics Letters},
author = {Yelowitz, Aaron and Wilson, Matthew},
month = sep,
year = {2015},
note = {00019},
pages = {1030--1036}
}
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