THE NEW DIGITAL CURRENCY - BITCOIN

Dujovski, Nikola and Mojsoska, Snezana (2018) THE NEW DIGITAL CURRENCY - BITCOIN. In: INTERNATIONAL SCIENTIFIC CONFERENCE “ARCHIBALD REISS DAYS” THEMATIC CONFERENCE PROCEEDINGS OF INTERNATIONAL SIGNIFICANCE, 2-3 October 2018, Belgrade.

Full text not available from this repository.
Official URL: http://www.nsar.org.rs/sites/default/files/docs/AR...

Abstract

The global financial crisis of 2007-2008 and the weakening of the credibility in the financial system impelled the emergence of a new form of an informal way of payment by the so-called bitcoin. The bitcoin is a new form of virtual or digital currency, which, for the way it is created and transferred, is called cryptocurrency. The advantages of the bitcoin contribute to its more frequent use as a means of payment for goods and services. In many countries, the use of the bitcoin is prohibited, as it is in the Republic of Macedonia. Yet, a big number of countries have already accepted this currency as a means of payment. In this paper we will present the functioning of the bitcoin as a new virtual currency, as well as the advantages and the risks of its usage. Will the bitcoin become the currency of the future? Keywords: bitcoin, history, functioning, risks

Item Type: Conference or Workshop Item (Paper)
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Scientific Fields (Frascati) > Social Sciences > Law
Scientific Fields (Frascati) > Social Sciences > Other social sciences
Divisions: Faculty of Security
Depositing User: Olivera Trajanova
Date Deposited: 29 Jun 2021 16:23
Last Modified: 29 Jun 2021 16:23
URI: http://eprints.uklo.edu.mk/id/eprint/6283

Actions (login required)

View Item View Item