Theoretical and Applied Economics
No. 2 / 2015 (603), Summer
The issue of “true” money in front of the BitCoin's offensive
Bucharest University of Economic Studies, Romania
Liana BADEA
Bucharest University of Economic Studies, Romania
Abstract. The issue of money, beyond what is usually meant by the very words “money issue” was and still is a subject of interest for a heterogeneous public, going beyond time and being the subject of numerous studies and regulations since ancient time. Over centuries, the money had different forms, and the controversies surrounding them were numerous. Currently, one of the problems is related to the emergence and use of virtual money, seen from the perspective of private currency. The question that occurs frequently in the talks of several economists is related to the ability of virtual money to survive. History has shown that man has the capacity to find ways which can “avoid” prohibitions of various types, being able, even in the case of money to find alternatives to the official currency. Is the BitCoin that private currency which will have the longest life? And if so, how long it will run in parallel with the traditional currency? Based on these questions, this paper aims at presenting the main aspects of the BitCoin, starting from specialized literature and reaching the Romanian reality.
Keywords: BitCoin, market, competition, private currency.
Contents
- Instruments and practices concerning the absorption
and use of structural and cohesion funds in Romania
Ani MATEI
Carmen SĂVULESCU
- Exports – trends and impacts
on Romania’s economic growth process
Anca Maria GHERMAN
George ȘTEFAN
- Innovation and regional performance in Romania
Anca DACHIN
Constantin POSTOIU
- A multidisciplinary approach of communication
Delia Mioara POPESCU
Ion PÂRGARU
Constanța POPESCU
Daniel MIHAI
- The issue of “true” money in front of the BitCoin's offensive
Angela ROGOJANU
Liana BADEA
- Public choice and the social beneficiary
Mariana IOVIȚU
Florina BRAN
- Stock market – economy growth nexus
in an emerging country. The case of Romania
Delia-Elena DIACONAŞU
- Determinants of savings in the APEC countries
Kivanç Halil ARIÇ
- The status of Romanian agriculture
and some measures to take
Mirela Ionela ACELEANU
Anca Gabriela MOLĂNESCU
Liliana CRĂCIUN
Cristina VOICU
- Education and society: an institutional approach
Marius-Cristian PANĂ
- Financial audit – feckless for economic re-launch
Elena DOBRE
Laura BRAD
- Empirical evidence
on the Ricardian equivalence in Romania
Daniel BELINGHER
Nicolae MOROIANU
- Minimum wage – labour market rigidity factor
Andreea Claudia ȘERBAN
Mirela Ionela ACELEANU
- Regional convergence. Case of Romania
Elena Raluca MOISESCU (DUICAN)
- The exchange rate volatility in the Central
and Eastern European Countries
Bogdan Andrei DUMITRESCU
Silvia Maria ROȘCA
- A study of the impossible trinity in Romania
Bogdan BĂDESCU
- Governance process improvement
and development by audit consolitation
Adelina DUMITRESCU PECULEA
- Analysis of the evolution of foreign direct investment
in the European Union, amid the global economic crisis
Marinela GEAMĂNU
- The use of behavioral economics
in promoting public policy
Alina Maria NEAȚU
- New paradigms imposed by the global financial crisis
Ioana Andrada MOLDOVAN (GAVRIL)
- Are financial audit elements and corporate governance policies
solutions for the economic crisis?
Florin DOBRE
- The kids are alright?
A note on parental satisfaction in Germany
Stephan HUMPERT
- Technological revolution, labor markets and income distribution
in the knowledge economy
Ioana Cristina FLORESCU