Crypto-currency And E-financials
Crypto-currency And E-financials

Summary/Abstract: In this paper we present a formal view of the general session, transaction, value, market and currency. Based on the presented view we examine validity of the digital crypto currency while focusing on the particular example of Bitcoin. As the most important problem associated with any currency based transaction, we discuss main security issues, indicating the US government as the major potential source of a threat to any crypto currency system.

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