Recognition of Cryptocurrencies Based on Empirical Tests
Journal Title: Annales Universitatis Mariae Curie-Skłodowska Sectio H Oeconomia - Year 2018, Vol 0, Issue 0
Abstract
The growing interest in cryptocurrencies has become a springboard for debate between their proponents and opponents. The aim of this paper was to compare the recognition of international currencies to that of the digital cryptocurrencies in operation globally. It also presented the author’s findings related to the recognition of cryptocurrencies among the respondents. The study begins by emphasising the leading role of bitcoin among the currently used cryptocurrencies, and then highlights the areas of contact of the respondents as well as their knowledge about cryptocurrencies. The results demonstrate that while the recognition of cryptocurrencies (both spontaneous and supported) is lower than the recognition of international currencies, bitcoin is the most recognized cryptocurrency.
Authors and Affiliations
Piotr Nieradka
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