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The significance and potential of Bitcoin as an alternative currency

The significance and potential of Bitcoin as an alternative currency

Paperback

Accounting

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ISBN10: 6630399048
ISBN13: 9786630399042
Publisher: Our Knowledge Publishing
Pages: 60
Weight: 0.21
Height: 0.14 Width: 6.00 Depth: 9.00
Language: English
This paper provides an up-to-date insight into the current state of development of digital payment methods and examines the best-known example of digital currencies. In addition to explaining the basic functioning of Bitcoin, a monetary theory analysis is carried out to identify its current strengths and weaknesses. The argumentation is based on very recent academic texts, as the digital currency has only been in existence for a short time.

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