Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition) ›› 2014, Vol. 16 ›› Issue (1): 31-37.

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Bitcoin’s Characteristics of World Currency

  

  1. School of Economics and Management, Beijing University of Posts and Telecommunications,
    Beijing 100876, China
  • Online:2014-02-28 Published:2023-03-27

Abstract:

As a new digital currency emerging from the network, Bitcoin has attracted widespread attention, and also attracts the attention of governments because of its characteristics of decentration, virtuality, no inflation, low transaction cost and free convertibility No matter if Bitcoin could become the world currency, its characteristics have important influence on building the future ideal world currency The concept of Bitcoin, its characteristics and development process are discussed, and then the beneficial train of thought which help build the future world currency is analyzed On this basis, a number of measures which promote the development of the international monetary system are proposed

Key words: Bitcoin, world currency, international monetary system

CLC Number: