COMPARATIVE ANALYSIS OF CRYPTOCURRENCIES VERSUS FIAT MONEY

Georgiana Iulia Lazea (), Ovidiu Constantin Bunget () and Anca Diana Sumä‚naru ()
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Georgiana Iulia Lazea: Accounting, Faculty of Economics and Business Administration, West University of Timisoara, Timisoara, Romania
Ovidiu Constantin Bunget: Accounting, Faculty of Economics and Business Administration, West University of Timisoara, Timisoara, Romania
Anca Diana Sumä‚naru: Accounting, Faculty of Economics and Business Administration, West University of Timisoara, Timisoara, Romania

Annals of Faculty of Economics, 2023, vol. 32, issue 2, 111-120

Abstract: This article aims to provide a comparative analysis of cryptocurrencies and fiat money, in the context in which the former might be considered an alternative to the latter. Mainly, we perform a literature review and qualitative analysis of 64 articles from Web of Science Core Collection, published between 2017 and 2023, using as keywords “cryptocurrencies†and “fiat money†. The information processing methodology involved presenting the data and information concisely, in order to gain a point of view on how crypto assets can be perceived in comparison with other financial assets. The results present the authors' conclusions regarding the economic differences and similarities between cryptocurrencies and traditional money. It also includes the limitations of the research and offers future directions for study.

Keywords: cryptocurrencies; fiat money; bitcoin; blockchain; crypto assets; banking (search for similar items in EconPapers)
JEL-codes: G15 G32 M40 O39 Q55 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:2:y:2023:i:2:p:111-120

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