The Digital Agenda for vitual currencies : can Bitcoin become a global currency?

  • Kancs, D'Artis‪
  • Ciaian, Pavel
  • Rajčániová, Miroslava‪
  • Comisión Europea Centro Común de Investigación
  • Instituto de Estudios de Prospectiva Tecnológica‪
This paper identifies and analyzes BitCoin features which may facilitate Bitcoin to become a global currency, as well as characteristics which may impede the use of BitCoin as a medium of exchange, a unit of account and a store of value, and compares BitCoin with standard currencies with respect to the main functions of money.