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What is Bitpay

Chapter 250
Encyclopedia of Information Science and Technology, Fourth Edition
A means of payment via bitcoin, used by non-profit organizations.
Published in Chapter:
An Update on Bitcoin as a Digital Currency
Cecilia G. Manrique (University of Wisconsin – La Crosse, USA) and Gabriel G. Manrique (Winona State University, USA)
Copyright: © 2018 |Pages: 8
DOI: 10.4018/978-1-5225-2255-3.ch250
Abstract
The chapter entitled “The Evolution of Virtual Currencies: Analyzing the Case of Bitcoin” by Manrique and Manrique was recently published in the book Information and Communication Technologies in Public Administration. It was written at the height of the bitcoin controversy when its value skyrocketed and waned. More than a year has passed since research on that was undertaken and it seems that the issues with regards to bitcoin as a virtual acceptable currency has calmed down. It is the purpose of this paper to bring an update on the status of bitcoin as a currency and to determine its stability and ability to become a real currency.
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