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  • Exploring Motivations among Bitcoin Users

    Rights statement: © The Authors 2016. This is the author's version of the work. It is posted here for your personal use. Not for redistribution. The definitive Version of Record was published in CHI EA '16 Proceedings of the 2016 CHI Conference Extended Abstracts on Human Factors in Computing Systems http://dx.doi.org/10.1145/2851581.2892500

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    Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License

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Exploring motivations for the use of bitcoin technology

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Abstract

This paper presents an exploratory study focusing on user experience with Bitcoin technology. We describe interviews with 9 Bitcoin users and report findings related to users’ motivations for buying and using bitcoins. Our initial findings capture three main motivations such as Bitcoin’s predicted role in a monetary revolution, users’ increased empowerment, and their perception of real value of Bitcoin currency. We conclude with reflections on the value of these findings for HCI researchers.