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Cryptocurrencies Between Utopia And Reality

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  • ADELA SOCOL

    (1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA)

Abstract

The typology of cryptocurrencies is a vast one and the existence of approximatively 1400 cryptocurrencies, besides tokens or crypto securities and applications of blockchain technology make the studying of this area of expertise even more difficult. This article intends to broadly understand the cryptocurrencies universe, to present a brief history of cryptocurrencies and their current development stage, while including quantitative data about the top 10 cryptocurrencies and their market capitalization. Other points presented in the article are the lack of regulation of virtual currencies, the influence that virtual coins have on real money, and the behavior of the central banks in regards to cryptocurrencies. Conclusions present an insecure, volatile and uncertainty future of cryptocurrencies.

Suggested Citation

  • Adela Socol, 2020. "Cryptocurrencies Between Utopia And Reality," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 200-207, October.
    • Handle: RePEc:cbu:jrnlec:y:2020:v:5:p:200-207
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