Potenciál virtuálnej meny Bitcoin stať sa svetovou rezervnou menou

Abstract

This bachelor thesis deals with cryptocurrency bitcoin. The aim of this work is to evaluate the potential of bitcoin to become a world reserve currency. The evaluation of bitcoin potential consists of three preconditions, which are also the main functions of money. These are: bitcoin as a medium of exchange, bitcoin as a store of value, and the last precondition is bitcoin as a unit of account. Individual preconditions include the assessment of bitcoin features, which distinguishes them from traditional currencies, and then evaluates whether they are bitcoin potential enhancing features to become the world's reserve currency or vice versa. Currently, bitcoin has a low potential to become a world reserve currency. An important aspect of bitcoin as a currency is contrary to the main function of money. We consider this important negative aspect to be high currency volatility.