The digital agenda of virtual currencies: Can BitCoin become a global currency?

@article{Ciaian2016TheDA,
  title={The digital agenda of virtual currencies: Can BitCoin become a global currency?},
  author={Pavel Ciaian and Miroslava Rajcaniova and d'Artis Kancs},
  journal={Information Systems and e-Business Management},
  year={2016},
  volume={14},
  pages={883-919}
}
AbstractThis 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. Among all analyzed BitCoin features, the extreme price volatility stands out most clearly compared to standard currencies. In order to understand the reasons for… Expand
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