Abstract

It goes without saying that cryptocurrency is a technologically advanced type of electronic currency that came into our lives in 2009, but still not up to scratch. When you take into account particularly the last two decades of the course, its place in money markets is subject to critical evaluations, while the awareness of cryptocurrency becomes ubiquitous. One of the main intriguing points to be dug out at this point is the extent to which cryptocurrency meet the functions of money. In the study, how extent the cryptocurrency types meet the functions of money is sought to dig out. Besides, the operability of the functions of money in the cryptocurrency is pinpointed with a multifaceted evaluation. Cryptocurrency and blockchain technology, which are clearly summarized with the aforementioned approach, are considered within the scope of today's usage areas. Within the scope of study, which also includes the advantages of cryptocurrency and blockchain technology, the possible usage areas and possible developments of cryptocurrencies in the following period are also highlighted, and their relationship with the functions of money is established.

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