BITCOIN - ITS CONDITION AND TENDENCIES Cover Image

БИТКОИН - СТАЊЕ И ТРЕНДОВИ
BITCOIN - ITS CONDITION AND TENDENCIES

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Author(s): Jasmina Smigić Miladinović
Subject(s): Supranational / Global Economy
Published by: Društvo ekonomista "Ekonomika" Niš
Keywords: cryptocurrency;bitcoin;blockchain;cryptography;digital money;

Summary/Abstract: The appearance of cryptocurrency marks the arrival of a new unlimited global system with no intermediaries and costly intercontinental transactions. Digital money would make it possible for us to have significantly quicker and cheaper transactions, which, along with present technology, is considered inevitable in the future. This paper includes three topics and deals with the bitcoin phenomenon and its influence on economic growth. The paper presents the bitcoin technology, its advantages and some risks to which the system’s users are exposed. Bitcoin represents an exceptional technical achievement, and specific features of bitcoin present a particular challenge for its users.

  • Issue Year: 2018
  • Issue No: 4
  • Page Range: 109-120
  • Page Count: 11
  • Language: English, Serbian