Cryptocurrency: Financial Revolution or a Threat to the Financial System

Abstract

The article provides an analytical overview of cryptocurrencies, the dynamics of bitcoin from the origin to the present time. The specific risks of the virtual currencies use were identified.

Keywords: bitcoin, cryptocurrency, risks, electronic money; financial technology.

 

References
[1] Alex Fork: Bitcoin. More than money, pp. 1-20, 2014


[2] Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business and the World, page. 324, 2016


[ 3] Bitnovosti: [Electronic resource]: access mode: https:// bitnovosti.com /2016/12/30/ prognoses -2017/


[4] Coindesk: [Electronic resource]: access mode: https://www.coindesk.com/price/


[5]Digital Laundry: An analysis of online currencies, and their use in cybercrime, McAfee ® Labs: [Electronic resource] mode access :https://bravenewcoin.com/assets/Whitepapers/wp-digital-laundry.pdf


[6] Forum: cryptocurrencies [Electronic resource]-mode access: https:// xn--l1adgmc.xn--80aaexjjshhwe7l.xn--p1ai/index.php?forums/bitcoin.