CRYPTOCURRENCY AS A VIRTUAL SOLUTION OF THE PROBLEM OF DOUBLE COSTS. CRYPTOCURRENCY IN UKRAINE

Abstract

The article considers the concept of cryptocurrency, its history, features, pros and cons, ways of distribution of cryptocurrency in the world and in Ukraine. The problematic issues of making virtual currencies are considered, in particular, why this issue is relevant today. Cryptocurrency is an opportunity to look at economic issues from a new angle. Its emergence is due to the needs of the time. Undoubtedly, this is an actual technical achievement. Opportunities and popularity are currently growing at a rapid pace. It is similar in characteristics to ordinary money but has a number of features that are becoming increasingly popular today. There are many ways to earn cryptocurrency and make a profit from it. Сryptocurrency is a new word in money circulation. We can assume that cryptocurrency may soon become an alternative to traditional means of payment.