I'm an author of the underlying paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3025604 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3025604

I'm an author of the underlying paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3025604 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3025604 This article is very misleading in several ways: (1) we do not work for the Finnish Central Bank in any way nor does the content of the paper reflect any views of the Finnish Central Bank (so far as I'm aware), the paper was merely included in their working paper series (2) the main content of the paper is to contrast the economic model of bitcoin that of a monopolist service provider, from the abstract: "A simplified economic model that captures the system's properties answers these questions. Transaction fees and infrastructure level are determined in an equilibrium of a congestion queueing game derived from the system's limited throughput. The system eliminates dead-weight loss from monopoly, but introduces other inefficiencies and requires congestion to raise revenue and fund infrastructure. We explore the future potential of such systems and provide design suggestions."