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The Future Of Crypto Money In Bitcoin Specification In The World And In Turkey

Author

Listed:
  • Nurcan BAYRAK AKAN

    (Akgenc Contruction Company, Ankara, Turkey)

  • Nildag Basak CEYLAN

    (Ankara Yildirim Beyazit University, Ankara, Turkey)

  • Ayhan KAPUSUZOGLU

    (Ankara Yildirim Beyazit University, Ankara, Turkey)

Abstract

The aim of this study is to examine the conceptual framework of cryptocurrencies in general and Bitcoin in particular, Moreover the history of its emergence and the functioning of the crypto money system will also be discussed. In this study, after revealing the conceptual framework of cryptocurrencies, it is compared with the existing banknotes in the financial markets. Also, a comparison is made with different application examples in different countries in the world. However, by examining the 23-year existence of Bitcoin, which is the crypto currency, in the financial markets, it has been tried to answer the question marks in the society and it has been tried to contribute theoretically to the existing literature gap on this subject to answer the questions about the future of Bitcoin.

Suggested Citation

  • Nurcan BAYRAK AKAN & Nildag Basak CEYLAN & Ayhan KAPUSUZOGLU, 2022. "The Future Of Crypto Money In Bitcoin Specification In The World And In Turkey," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 21(3), pages 13-18.
    • Handle: RePEc:pts:journl:y:2022:i:3:p:13-18
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    References listed on IDEAS

    as
    1. Ahmet Faruk Aysan & Hüseyin Bedir Demirtaş & Mustafa Saraç, 2021. "The Ascent of Bitcoin: Bibliometric Analysis of Bitcoin Research," JRFM, MDPI, vol. 14(9), pages 1-15, September.
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    More about this item

    Keywords

    Crypto Money; Bitcoin.;

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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