Vol. 16, Issue 1, Jul-Dec 2023
Page: 27-38
CRYPTO-CURRENCIES: BITCOINS
Suryansh Panwar
Received Date: 2018-01-10
Accepted Date: 2018-02-12
Published Date: 2018-02-22
The purpose of this paper is to address the strengths and weaknesses of bitcoin, which is
the first and most valuable crypto-currency in the market, and examines its opportunities in the
future. Particularly, the paper emphasizes on the advantages of using bitcoin specifically and
crypto-currencies generally in gaining economic benefits, e.g. hedging from inflation; or points out
disadvantages of bitcoin and crypto-currencies compared with national currencies with real
examples of bitcoin hacks in different countries that allow to trade bitcoin on exchanges.
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