The aim of this paper is to answer the question of what — from an economic point of view — isBitcoin. For this purpose, we make a literature review, discussing different views on the subject.Using the typology of money developed by Mises, we fi nd that Bitcoin is a private fi at money, without, however, disproving the regression theorem. Based on the analysis, we conclude that the gold,which is a commodity money, would be a better candidate to serve as a global medium of exchangein a free market. Thus, we see the future of Bitcoin in payment system allowing to make low-cost,relatively anonymous and secure transactions, especially the foreign ones
Apr 21, 2021
Sep 20, 2019
|Czym jest Bitcoin?||Apr 21, 2021|
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