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CRYPTO-CURRENCIES – A BET OF THE FUTURE

Elena Enache (), Sorin Enache () and Cristian Morozan ()
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Elena Enache: Constantin Brancoveanu University of Pitesti, Romania
Sorin Enache: Danubius University of Galati, Romania
Cristian Morozan: Constantin Brancoveanu University of Pitesti, Romania

Contemporary Economy Journal, 2021, vol. 6, issue 3, 39-48

Abstract: Although people are used to using money in physical form or through accounts, since 2009 a surprising and skeptical currency variant has emerged, called virtual currency, digital currency or cryptocurrency. In other words, with the advent of the virtual currency called bitcoin, the financial world has changed. The change is accepted in the real world, the proof being that after bitcoin many other currencies of this kind have appeared and appear constantly, many people look at them with confidence, invest in them and accept them as a means of payment. However, their existence is not yet regulated, and it is known that the currency is currently defined as a means of payment issued and guaranteed by a sovereign State or by the European Union through national banks or through the European Central Bank. For cryptocurrency no one guarantees! For now! More and more investors are wondering what cryptocurrencies are, how they can buy bitcoin, ethereum and others, what is the best time to buy them, where to learn about them, about ICOs, electronic wallets (wallet) and how they can turn virtual currencies into real money.

Keywords: money; criptocurrency; virtual currency; electronic commerce; tehnology (search for similar items in EconPapers)
JEL-codes: E42 E44 (search for similar items in EconPapers)
Date: 2021
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