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.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: | Ms. Olivera Trajanova |
| Date Deposited: | 29 Jun 2021 16:23 |
| Last Modified: | 29 Jun 2021 16:23 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/6283 |
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