The bitcoin and the future of crypto currencies

Abstract EN

The main aim of the study is to provide a literature review of the concepts hovering around cryptocurrencies and blockchain technology and addresses the question of whether bitcoin currency can enjoy the same characteristics of money or current payment instruments, as well as providing a summary of its financial and legal performance while exploring the most important potential threats to international security and difficulties.

the increasing popularity of cryptocurrencies is linked to their importance in settling international financial transactions as well as their role as a tool for non-cash payments on a global scale.

consequently, it may obtain greater public acceptance based on its performance in the near future in facing legislative, economic, and security obstacles.