Bitcoin as a new stage financial liberalization

Abstract

The high volatility in financial markets in developing and developed countries increases investors interest in new forms of investment assets. One of these forms are cryptocurrency and the most common of them -Bitcoin. The article examines the attractive features of virtual currency and crypto-technology. The article presents the statistical and comparative analysis of the spread and use of Bitcoin. The article identifies the threats and risks arising from the decentralization of the payment system.

Keywords

• криптовалюта
• криптотехнологии
• биткоин
• блокчейн
• фидуциарные деньги
• денежные суррогаты
• cryptocurrency
• cryptotechnology
• bitcoin
• blockchain
• fiduciary money
• money substitute