Authored by: Hager Kamel

In the aftermath of the Global Financial Crisis in 2008, there had to be an alternative to money to grant decentralization of currency. In 2009, Bitcoin, the first digital cryptocurrency, started, which experienced high popularity in the digital currency markets in recent years before 2017, the year when major changes happened in dealing with digital currencies, where some countries recognized them while the others produced their own currency in this market.

Yet, the question about the ability of such currencies to be alternatives to banknotes in dealings between peoples. That’s what this study tries to answer.

Download the study