Abstract
ABSTRACT For the traditional business and financial system based on highly regulated financial intermediaries with a legal monopoly, an alternative sector is emerging (like Bitcoin); which is based on an often-different market infrastructure that allows the direct allocation and acquisition of funds on a P2P or B2B basis as well as on other rules and intermediary entities. We are analyzing two variables via curvilinear regression (p-value<0.01) Bitcoin blockchain in gigabytes and Bitcoin price in US Dollars; this last variable presented a cyclical phenomenon during the last four years. The report finishes with an open question: What will happen when the application of Bitcoin as a tax-free currency ends? Keywords Bitcoin, inflection point, technological innovation, curvilinear regression
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