THE RISKS OF BITCOIN USE

Abstract

Actuality and purpose of work. Bitcoin is a currency that exists only virtually and has appeared due to the global financial crisis and development of technologiesof technologies. Cashless payments become more popular and in this context e-commerce has improved. There were Aanalized the ysis of bitcoin perspectives in the banking system, by emphasizing analyzing the strengths and weaknesses of this currency and the point of view of investors, central banks and commercial banks. The methods used. The methodological approaches used bymentioned in special literature were used. The results of the work. Analysis can be used to improve electronic commerce and cashless payments in Moldova, where cash is still very widely used.

Keywords

• Bitcoin
• cryptocurrency
• blockchain
• transactions
• bank
• investor.