It seems as if the borders between cryptocurrencies and fiat money become blurrier. Since the use of cryptocurrencies for payments is increasing while at the same time some countries are trying to restrict its use and develop own digital money, it’s unclear if Bitcoin could be considered a new form of money. In this paper, the author will explain the differences between both and try to find an answer to the question if cryptocurrencies can perform like traditional money.
Table of Contents
1. LIST OF FIGURES
2. ABBREVIATIONS
3. INTRODUCTION
4. WHAT IS MONEY
5. WHAT IS BITCOIN
6. CAN BITCOIN PERFORM LIKE MONEY?
7. CONCLUSION
8. REFERENCES
9. LIST OF ANNEX
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