The Future of Bitcoins
- DOI
- 10.2991/978-94-6463-052-7_122How to use a DOI?
- Keywords
- Bitcoin; Blockchain; Decentralization; Anonymity; Functions of money
- Abstract
With the outbreak of the Russian-Ukrainian war, more and more Western countries have imposed sanctions on the assets of the Russian people overseas, which have triggered a crisis of confidence in the world’s currency, the dollar. At this time, the popularity of Bitcoin has also resurfaced. People are starting to think about the future of Bitcoin. This paper starts from the basic technical means of bitcoin and discusses the possibility of the future development of bitcoin by analyzing the characteristics of bitcoin. We believe that although Bitcoin cannot become a world currency in the future, it can become an investment asset and a convenient means of payment.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yaodan Zhang PY - 2022 DA - 2022/12/27 TI - The Future of Bitcoins BT - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022) PB - Atlantis Press SP - 1087 EP - 1092 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-052-7_122 DO - 10.2991/978-94-6463-052-7_122 ID - Zhang2022 ER -