البتكوين : نقود جديدة أم فقاعة مالية

Abstract EN

Bitcoin is a cryptocurrency, a form of electronic cash depends on Blockchain technology.

It is a decentralized digital currency without a central bank that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries.

Bitcoin has emerged as the most successful crypto currency since its appearance back in 2009.

It is an innovative technology that offers several benefits, such as fast transaction speeds, lwo costs, and the elimination of the need for a third-party intermediary to process transactions.

Besides its security robustness, two main properties have probably been its key to success: anonymity and decentralization.

Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is a financial bubble.

cryptocurrencies are not likely to replace traditional fiat currency, because it fails to be store of value, and a unit of account.