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Phenomenon Bitcoin: money of future or junk commodity?

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dc.title Phenomenon Bitcoin: money of future or junk commodity? en
dc.contributor.author Sadil, Vojtěch
dc.relation.ispartof 14th Annual International Bata Conference for Ph.D. Students and Young Researchers (DOKBAT)
dc.date.issued 2018
dc.citation.spage 219
dc.citation.epage 228
dc.event.title 14th Annual International Bata Conference for Ph.D. Students and Young Researchers (DOKBAT)
dc.event.location Zlín
utb.event.state-en Czech Republic
utb.event.state-cs Česká republika
dc.event.sdate 2018-04-25
dc.event.edate 2018-04-25
dc.type conferenceObject
dc.language.iso en
dc.publisher Tomas Bata University in Zlín
dc.identifier.doi 10.7441/dokbat.2018.20
dc.relation.uri http://dokbat.utb.cz/wp-content/uploads/DOKBAT2018.pdf
dc.subject Bitcoin en
dc.subject Cryptocurrency en
dc.subject Liquidity en
dc.subject Stability en
dc.subject Convertibility en
dc.description.abstract The paper is aimed at a very accurate topic which is problematic of cryptocurrency Bitcoin. The main aim of this paper is to evaluate the potential of this most important cryptocurrency to serve as full-value money. The matter of the first chapter is introducing the Bitcoin concept including its characters and history. In this phase, we are thinking about Bitcoin as a commodity. The analysis of cryptocurrency Bitcoin within currency relations framework is subject for next chapter. Each commodity, which has a role of money, must fulfil three criteria. This commodity must be convertible, relative stable and liquid. This paper discusses the evaluation of these aspects. Based on the analysis, we can contribute to the question whether bitcoin can be used as full-value money in the future. The paper is not concerned on technical aspects like the algorithm of mining, blockchain technology or account safety. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1008788
utb.identifier.rivid RIV/70883521:28120/18:63518859!RIV19-MSM-28120___
utb.identifier.obdid 43878213
utb.identifier.wok 000466529800020
utb.source d-wok
dc.date.accessioned 2019-08-13T10:17:20Z
dc.date.available 2019-08-13T10:17:20Z
utb.contributor.internalauthor Sadil, Vojtěch
utb.fulltext.affiliation Vojtěch Sadil Tomas Bata University in Zlín, Faculty of Management and Economics The Department of Finance and Accounting Mostní 5139, 760 01 Zlín, Czech Republic Email: Vo.Sadil@seznam.cz, Sadil@fame.utb.cz ORCID: 0000-0003-4905-8871
utb.fulltext.dates -
utb.wos.affiliation [Sadil, Vojtech] Tomas Bata Univ Zlin, Fac Management & Econ, Dept Finance & Accounting, Mostni 5139, Zlin 76001, Czech Republic
utb.fulltext.faculty Faculty of Management and Economics
utb.fulltext.ou Department of Finance and Accounting
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