Bitcoin, as an epochal new form of money, could bring fundamental change to today’s financial system. In order to understand the significance of the concept of the described new und also re-curring transaction systems for the financial system, it is essential to deal with the history and significance of money in economy. Subsequently, gold and Bitcoin are analyzed as alternative transaction systems to centralized fiat money. Therefore, the histories of the respective monetary policies and their definitions are more precisely examined, and the particular advantages and disadvantages of gold and Bitcoin are evaluated
List of Content
1 Introduction
2 Gold versus Bitcoin as alternative to centralized Fiat Money
2.1 Definition and Historical Background
2.1.1 Definition and Historical Background of Gold
2.1.2 Definition Historical Background of Fiat Money
2.1.3 Definition and Historical Background of Bitcoin
2.2 Analysis of Advantages and Disadvantages
2.2.1 Advantages and Disadvantages of Gold
2.2.2 Advantages and Disadvantages of Bitcoin
3 Conclusion
Bibliography
- Citation du texte
- Selina Schneider (Auteur), 2021, Gold versus Bitcoin as Alternative to Centralized Fiat Money, Munich, GRIN Verlag, https://www.grin.com/document/1045280
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X.