IDEAS home Printed from https://ideas.repec.org/a/rbs/ijfbss/v6y2017i4p01-11.html
   My bibliography  Save this article

Crypto Currencies and their Destinies in the Future

Author

Listed:
  • Mehmet Hasan Eken

    (Professor of Finance, Kırklareli Univesity, Kırklareli, Turkey)

  • Erkut Baloglu

    (Innovation & Customer Experience Director, Yapi Kredi, Istanbul, Turkey)

Abstract

In this article the features of Crypto Currencies, which are not backed by governments, are investigated with regards to their specialties, usage areas and current structures. In this context the newly invented crypto currencies are compared with currency types that were in use in different periods of history. A similarity between Crypto Currencies and Free Banking Era Banknotes is noticed and thus investigated in details. The possible risks and outcomes with regards to the future usage of crypto currencies are analyzed and elaborated.

Suggested Citation

  • Mehmet Hasan Eken & Erkut Baloglu, 2017. "Crypto Currencies and their Destinies in the Future," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 6(4), pages 01-11, April.
    • Handle: RePEc:rbs:ijfbss:v:6:y:2017:i:4:p:01-11
    as

    Download full text from publisher

    File URL: https://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/21/21
    Download Restriction: no
    File URL: https://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/21
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Joshua S. Gans & Hanna Halaburda, 2015. "Some Economics of Private Digital Currency," NBER Chapters, in: Economic Analysis of the Digital Economy, pages 257-276, National Bureau of Economic Research, Inc.
    2. Hugh Rockoff, 1991. "Lessons from the American Experience with Free Banking," Palgrave Macmillan Books, in: Forrest Capie & Geoffrey E. Wood (ed.), Unregulated Banking, chapter 3, pages 73-129, Palgrave Macmillan.
    3. Oecd, 2015. "Teaching with technology," Teaching in Focus 12, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Corbet, Shaen & Larkin, Charles & Lucey, Brian & Meegan, Andrew & Yarovaya, Larisa, 2020. "Cryptocurrency reaction to FOMC Announcements: Evidence of heterogeneity based on blockchain stack position," Journal of Financial Stability, Elsevier, vol. 46(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jordan Klimek & Julia Anna Klimek, 2021. "Management of the Teaching Process in Higher Education in COVID-19 Pandemic: Socio-Cultural and Economic Aspects," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 737-752.
    2. Melor Md Yunus & Ashairi Suliman & Law Szee Huei & Ting Fang Kai & Stephanie Kiew, 2020. "The Use of Voca-Lens to Enhance the Students Vocabulary Repertoire," International Journal of English Language and Literature Studies, Asian Economic and Social Society, vol. 9(3), pages 172-184, September.
    3. Gugu Ndawo, 2019. "Nurse Educators’ Experiences Regarding Subject Competence at a Nursing College," Global Journal of Health Science, Canadian Center of Science and Education, vol. 11(4), pages 138-138, April.
    4. Lim, King Yoong & Liu, Chunping & Zhang, Shuonan, 2024. "Optimal central banking policies: Envisioning the post-digital yuan economy with loan prime rate-setting," Emerging Markets Review, Elsevier, vol. 59(C).
    5. Hoang, Yen Hai & Ngo, Vu Minh & Bich Vu, Ngoc, 2023. "Central bank digital currency: A systematic literature review using text mining approach," Research in International Business and Finance, Elsevier, vol. 64(C).
    6. Neil Gandal & Hanna Halaburda, 2014. "Competition in the Cryptocurrency Market," Staff Working Papers 14-33, Bank of Canada.
    7. Ogden, Joan & Jaffe, Amy Myers & Scheitrum, Daniel & McDonald, Zane & Miller, Marshall, 2018. "Natural gas as a bridge to hydrogen transportation fuel: Insights from the literature," Energy Policy, Elsevier, vol. 115(C), pages 317-329.
    8. Alina Evstigneeva & Mark Sidorovskiy, 2021. "Assessment of Clarity of Bank of Russia Monetary Policy Communication by Neural Network Approach," Russian Journal of Money and Finance, Bank of Russia, vol. 80(3), pages 3-33, September.
    9. Huberman, Gur & Leshno, Jacob & Moalleni, Ciamac, 2017. "Monopoly Without a Monopolist: An Economic Analysis of the Bitcoin Payment System," CEPR Discussion Papers 12322, C.E.P.R. Discussion Papers.
    10. Joshua S. Gans, 2024. "Cryptic Regulation of Crypto-Tokens," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 3(1), pages 139-163.
    11. Ben Fung & Miguel Molico & Gerald Stuber, 2014. "Electronic Money and Payments: Recent Developments and Issues," Discussion Papers 14-2, Bank of Canada.
    12. Dwyer, Gerald P., 2015. "The economics of Bitcoin and similar private digital currencies," Journal of Financial Stability, Elsevier, vol. 17(C), pages 81-91.
    13. Ján Záhorec & Alena Hašková & Adriana Poliaková & Michal Munk, 2021. "Case Study of the Integration of Digital Competencies into Teacher Preparation," Sustainability, MDPI, vol. 13(11), pages 1-28, June.
    14. Jonathan Chiu & Thorsten V. Koeppl, 2017. "The Economics Of Cryptocurrencies - Bitcoin And Beyond," Working Paper 1389, Economics Department, Queen's University.
    15. Maha Alkhaffaf, 2018. "Investigating the Mediation Role of Information Technology (IT) Components in the Relationship between Knowledge Management (KM) Processes and Decision-Making," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(4), pages 108-108, March.
    16. Andreas Hanl, 2019. "Waehrungswettbewerber Facebook: Oekonomische Implikationen der Corporate Cryptocurrency Libra," MAGKS Papers on Economics 201930, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    17. Cong, Lin William & Li, Ye & Wang, Neng, 2022. "Token-based platform finance," Journal of Financial Economics, Elsevier, vol. 144(3), pages 972-991.
    18. Abdulaziz S. Alsolami, 2022. "Teachers of Special Education and Assistive Technology: Teachers’ Perceptions of Knowledge, Competencies and Professional Development," SAGE Open, , vol. 12(1), pages 21582440221, March.
    19. Junvil A. Insong & Jose F. Cuevas Jr., 2021. "Ways of coping of prisoners' spouses: a structural equation model," Technium Social Sciences Journal, Technium Science, vol. 17(1), pages 486-500, March.
    20. Huberman, Gur & Leshno, Jacob D. & Moallemi, Ciamac, 2017. "Monopoly without a monopolist: An economic analysis of the bitcoin payment system," Bank of Finland Research Discussion Papers 27/2017, Bank of Finland.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijfbss:v:6:y:2017:i:4:p:01-11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hasan Dincer (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.