UDC 331.108.37
DOI: 10.36871/ek.up.p.r.2023.11.05.012
Authors
Dmitriy A. Murzin,
State University of Land Management Moscow, Russia
Abstract
The article is devoted to the study of the formation of innovative mechanisms of decentralized virtual currencies, in particular on the example of Bitcoin. For most of its history, mankind has used equivalents based on commodity money as means of payment. Money is a specific commodity that has the maximum level of liquidity and has been used as a universal equivalent for determining the value of all goods and services for a long historical period of time. The development of money as a universal equivalent is inextricably linked with the development of the entire human civilization. Blockchain technology is not the easiest thing to understand, it is difficult to develop and apply. Nevertheless, it is actively developing and attracting more and more investments. Unfortunately, these technologies have not yet found their consolidation in Russian legislation, as it has been done in European and Western countries.
Keywords
electronic currency, virtual currency, blockchain, economic security, Bitcoin.
