0000000000075664
AUTHOR
Robert Poskart
Development of virtual money as a response to the imperfections of the modern financial system
This article attempts to answer the question what factors led to the establishment of bitcoin - the first digital money which is completely private and independent of central banks or any other supervisory authority. In the article enumerated many factors, but indicated the most important which was the global financial crisis in 2008. Additionally, the article presents the genesis of bitcoin, the comparison to classic money and its unique features which are also the reasons for its unprecedented popularity.
Źródła finansowania wydatków konsumpcyjnych studentów opolskiego ośrodka akademickiego
Celem niniejszego artykułu jest ukazanie struktury źródeł finansowania wydatków studentów pobierających naukę na poziomie wyższym (studia) w Opolu. Prezentowany materiał stanowi efekt kilkuletnich badań empirycznych, które wykonano we wszystkich uczelniach wyższych prowadzących działalność edukacyjną w Opolu, mającym status regionalnego ośrodka akademickiego. Próba do badań została ustalona w sposób kwotowy, zaś same badania przeprowadzono na dobranej próbie 1075 osób, będących w czasie badań studentami opolskich uczelni wyższych. Uzyskane wyniki dowiodły bardzo znacznego stopnia zróżnicowania źródeł dochodów studenckich gospodarstw domowych, w których dominują jednak nadal przede wszystkim…
Cryptocurrency Perception Within Countries: A Comparative Analysis
Purpose: The paper explores the differences between countries concerning perception and use of traditional and virtual money. We try to answer the question who uses virtual money for investment and building assets and who uses it just for Internet payments. The background of the analysis are significant changes that have taken place in the virtual money market in recent years in relation to changes in the global financial market. Design/methodology/approach: A pilot study was conducted in Poland, the Russian Federation, and China, which is supposed to be an introduction to the bigger and wider survey. It was conducted within December 2019 and January 2020 with 81 surveyed persons. These wer…
The emergence and development of the cryptocurrency as a sign of global financial markets financialisation
The article presents one of the most important, in the author's opinion, manifestations of further intensification of the processes of financialisation of global financial markets, which was the emergence of decentralized digital currencies (so-called cryptocurrencies) based on blockchain technology. Their creation and existence on the global financial market have been widely considered as one of significant effect of the global financial crisis, which symbolic beginning is September 15, 2008, when one of the largest US investment banks Lehman Brothers collapsed. The worldwide COVID-19 pandemic has only highlighted the importance of this effect of financialization. The purpose of the articl…
Cryptocurrencies in the Light of Money Definitions
Purpose: The aim of the article is to attempt to assess the phenomenon of digital currencies through the prism of existing money definitions as well as to determine to what extent the existing definitions of money are able to answer the question whether private decentralized digital currencies are money in the traditional sense or are they a completely new phenomenon that cannot be put in the framework of previous definitions of money. Design/methodology/approach: This study provides a critical literature review of the cryptocurrency’s definitions in comparison to traditional money definition. The literature review was intended to determine whether bitcoin could be treated as money. Finding…