Cryptocurrency as a cultural phenomenon

Abstract

The paper proves the validity of studying cryptocurrency as a cultural phenomenon. According to the Fundamentals of State Cultural Policy, culture is a resource of the social and economic development of the country, therefore, examining the economic aspects of the society is of great importance to cultural scientists. The possibility of dealing with cryptocurrency as a cultural element is confirmed by the following statements. Cryptocurrency refers to the economic culture of a society. The cryptocurrency impact is covered in mass media which constitute the cultural institution. In addition, cryptocurrency is consolidated in culture through the specialized exhibitions supported by public cultural agencies. The paper defines the promising trends in researches identifying the capacity of the virtual reality in the field of cultural patterns development. The authors note that studying cryptocurrency as a part of virtual reality will allow one to determine the mechanisms, borders, and technologies of this type of reality.