Global Applicability Of The Cryptocurrencies

Abstract

Cryptocurrencies are a new phenomenon in the global economy, which are attracting the interest of society, which is increasing their popularity. This new kind of digital market for goods and services is constantly growing and growing. The main objective of this science paper is to analyze how far this phenomenon is perspective for the development of the world economy and what is the effect after the introduction of digital money into the daily life of economic entities. The scientific report will present both the analysis of cryptocurrencies as a means of payment and trade, as well as analyzes of their applicability at supranational level, tracing the effects of the applicability of cryptocurrencies globally.