Abstract
Why Crypto is Not the Currency. The Rise and Fall of Digital
Highlights
This article is devoted to the prospects of development and the ability of cryptocurrencies to perform the functions of money
The first part of the paper reviews the possibility of digital currencies to take over monetary functionality and examines the structure of money as such, as well as the possibility of replacing fiat money with digital
A brief analysis of the causes, mechanisms and events that took place in the Tulip market at the turn of 1636‒1637 in the Netherlands revealed a positive correlation with the events in the digital market during the cryptocurrency boom, when the cost of the most expensive cryptocurrency – bitcoin reached astronomical 20,000 us dollars per coin
Summary
11 Стоит отметить, что, например, в Египте золото использовали в качестве денег еще за 2 тыс. Внутренняя структура денег Предваряя описание того, зачем нужны деньги, необходимо понять их внутреннюю структуру, из чего они состоят и что является их неотъемлемым компонентом. Еще одной важной особенностью денег является то, что их не могут производить все подряд.
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