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Comparative Analysis Of Cryptocurrencies Versus Fiat Money

Author

Listed:
  • Georgiana Iulia LAZEA

    (Accounting, Faculty of Economics and Business Administration, West University of Timisoara, Timisoara, Romania)

  • Ovidiu Constantin BUNGET

    (Accounting, Faculty of Economics and Business Administration, West University of Timisoara, Timisoara, Romania)

  • Anca Diana SUMÄ‚NARU

    (Accounting, Faculty of Economics and Business Administration, West University of Timisoara, Timisoara, Romania)

Abstract

This article aims to provide a comparative analysis of cryptocurrencies and fiat money, in the context in which the former might be considered an alternative to the latter. Mainly, we perform a literature review and qualitative analysis of 64 articles from Web of Science Core Collection, published between 2017 and 2023, using as keywords “cryptocurrencies†and “fiat money†. The information processing methodology involved presenting the data and information concisely, in order to gain a point of view on how crypto assets can be perceived in comparison with other financial assets. The results present the authors' conclusions regarding the economic differences and similarities between cryptocurrencies and traditional money. It also includes the limitations of the research and offers future directions for study.

Suggested Citation

  • Georgiana Iulia LAZEA & Ovidiu Constantin BUNGET & Anca Diana SUMÄ‚NARU, 2023. "Comparative Analysis Of Cryptocurrencies Versus Fiat Money," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 32(2), pages 111-120, December.
    • Handle: RePEc:ora:journl:v:2:y:2023:i:2:p:111-120
    as

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    References listed on IDEAS

    as
    1. Jin, Xuejun & Zhu, Keer & Yang, Xiaolan & Wang, Shouyang, 2021. "Estimating the reaction of Bitcoin prices to the uncertainty of fiat currency," Research in International Business and Finance, Elsevier, vol. 58(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    cryptocurrencies; fiat money; bitcoin; blockchain; crypto assets; banking;
    All these keywords.

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • O39 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Other
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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