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- Title
CRYPTO-CURRENCY PEERING AS AN INVESTMENT INSTRUMENT.
- Authors
Maliuzhenko, Mikhailo
- Abstract
Summary: Crypto-currency is characterized best by its main features - decentralization and the absence of a single issuing house. The absence of financial regulations from the government and central bank has led to an exchange-rate formation mechanism of digital money built exclusively on demand to offer correlation. The anonymity of payments within a peering network makes the identification of transactions' participants impossible. All this leads to considering a crypto-currency as a possible investment instrument, despite all the risks entailed by digital money.
- Publication
Research Papers of the Wroclaw University of Economics / Prace Naukowe Uniwersytetu Ekonomicznego we Wroclawiu, 2015, Issue 375, p63
- ISSN
1899-3192
- Publication type
Academic Journal
- DOI
10.15611/pn.2015.375.07