THE FUTURE OF CRYPTO MONEY IN BITCOIN SPECIFICATION IN THE WORLD AND IN TURKEY

Nurcan BAYRAK Akan (), Nildag Basak Ceylan () and Ayhan Kapusuzoglu ()
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Nurcan BAYRAK Akan: Akgenc Contruction Company, Ankara, Turkey
Nildag Basak Ceylan: Ankara Yildirim Beyazit University, Ankara, Turkey
Ayhan Kapusuzoglu: Ankara Yildirim Beyazit University, Ankara, Turkey

Scientific Bulletin - Economic Sciences, 2022, vol. 21, issue 3, 13-18

Abstract: The aim of this study is to examine the conceptual framework of cryptocurrencies in general and Bitcoin in particular, Moreover the history of its emergence and the functioning of the crypto money system will also be discussed. In this study, after revealing the conceptual framework of cryptocurrencies, it is compared with the existing banknotes in the financial markets. Also, a comparison is made with different application examples in different countries in the world. However, by examining the 23-year existence of Bitcoin, which is the crypto currency, in the financial markets, it has been tried to answer the question marks in the society and it has been tried to contribute theoretically to the existing literature gap on this subject to answer the questions about the future of Bitcoin.

Keywords: Crypto Money; Bitcoin. (search for similar items in EconPapers)
JEL-codes: C23 F43 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pts:journl:y:2022:i:3:p:13-18

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