THE MARKET FOR CRYPTOCURRENCY: HOW WILL IT EVOLVE?

Brooks Allen and Sarah K. Bryant ()
Additional contact information
Brooks Allen: Finance and Economics, Newberry College, Newberry, South Carolina, USA
Sarah K. Bryant: Finance and Economics, Newberry College, Newberry, South Carolina, USA

Global Economy Journal (GEJ), 2019, vol. 19, issue 03, 1-19

Abstract: This study examines the concept of cryptocurrency and gives a brief history and overview of its characteristics. In an increasingly electronic society, cryptocurrency could be the next step in the evolution of finance in the same way that the internet was a step in the evolution of communication. In the coming years, countries may even announce the release of national cryptocurrencies, although certain conditions must be met for these efforts to be successful. Although the market is still in the early stages, as it begins to mature, cryptocurrency may become more prominent, until it becomes the new status quo.

Keywords: Bitcoin; cryptocurrency; currencies; foreign exchange; digital currencies; blockchain (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S2194565919500192
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:gejxxx:v:19:y:2019:i:03:n:s2194565919500192

Ordering information: This journal article can be ordered from

DOI: 10.1142/S2194565919500192

Access Statistics for this article

Global Economy Journal (GEJ) is currently edited by Joseph Pelzman

More articles in Global Economy Journal (GEJ) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().