PHENOMENON BITCOIN: MONEY OF FUTURE OR JUNK COMMODITY?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F18%3A63518859" target="_blank" >RIV/70883521:28120/18:63518859 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
PHENOMENON BITCOIN: MONEY OF FUTURE OR JUNK COMMODITY?
Original language description
The paper is aimed at a very accurate topic which is problematic of cryptocurrency Bitcoin. The main aim of this paper is to evaluate the potential of this most important cryptocurrency to serve as full-value money. The matter of the first chapter is introducing the Bitcoin concept including its characters and history. In this phase, we are thinking about Bitcoin as a commodity. The analysis of cryptocurrency Bitcoin within currency relations framework is subject for next chapter. Each commodity, which has a role of money, must fulfil three criteria. This commodity must be convertible, relative stable and liquid. This paper discusses the evaluation of these aspects. Based on the analysis, we can contribute to the question whether bitcoin can be used as full-value money in the future. The paper is not concerned on technical aspects like the algorithm of mining, blockchain technology or account safety.
Czech name
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Czech description
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Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
14th Annual International Bata Conference for Ph.D. Students and Young Researchers
ISBN
978-80-7454-730-0
ISSN
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e-ISSN
neuvedeno
Number of pages
10
Pages from-to
219-228
Publisher name
Fakulta managementu a ekonomiky, UTB ve Zlíně
Place of publication
Zlín
Event location
Zlín
Event date
Apr 25, 2018
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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