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English
Money virtualization – Poland’s perspective
https://doi.org/10.26354/bb.3.3.68.2017
Abstract
Money has been an element of the economy for centuries. During this time, its form evolved from primitive items to banknotes and coins. Nowadays, the use of electronic money and even virtual money is becoming more and more common. Therefore, there appear the questions how this money works, whether it fulfills the same functions as traditional money and whether it is an important alternative to the currently operating fiat money. In this context, the question arises whether the financial system in its present shape may continue to function or whether it rather evolves towards a system based on virtual currency. The aim of the study is to present virtual money as an alternative to traditional money and possible consequences of its expansion on the market. The analysis included in the study refers primarily to Polish conditions.
Keywords:
virtual money , money virtualization , electronic moneyDownload files
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This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Vol. 68 No. 3 (2017)
Published: 2017-12-15
10.26354
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.