Cryptocurrency and its Influence on Global Finance
Journal Title: Zeszyty Naukowe Wyższej Szkoły Bankowej w Poznaniu - Year 2019, Vol 84, Issue 1
Abstract
Near in time developments make clear that cryptocurrency is something new, unknow but importent for the future financial market. The money used in a country has gained bill of exchange by a greatly sized number of: ones putting money into business, controllers, traders and users. More importantly the technology is owner of the possible unused quality to get broken up quality example get money for markets. The power for users to way in complete payment systems any where, any time, with the only limit being way in to technology could be a ready, without fear changer. On the business and trader side, cryptocurrencies offer low bit of business fees and lower degree of change over time danger because of, in relation to sudden, at a blow payment and elimination of giving money for credit card processing Fees These benefits are looked on as to come to be made less strong once increasing amounts of control are passed to keep safe the user. Another question to the money used in a country is the not hard to turn into air price. Current cryptocurrency markets trouble with illiquidity and high degree of change over time which are marks of a thinly traded thing commonly needed rather than a within the law money used in a country. however, cryptocurrency has no physical substance, it is not lawful readily damaged, nor is it backed by any government. at last, supply of the money used in a country is gave self-government and it is not made necessary or managed by an in the middle of Bank.
Authors and Affiliations
Agnieszka Wójcik-Czerniawska
Keywords
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- EP ID EP623387
- DOI 10.26349/zn.wsb.w.poznaniu.0084.08
- Views 129
- Downloads 0
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