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Journal of Accounting, Marketing and Financial Management (JAMFM) 

BITCOIN: CHANGES & DEMANDING SITUATIONS IN CUTTING-EDGE INTERNATIONAL

By, Journal ID: JAMFM-01-10-2019-124
(This article belongs to Vol - 01, Issue - 02)
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Abstract

Foreign money may be used as a method of exchange, an automobile to store fee or a unit of account to evaluate the fee of different items or services. At gift, bitcoin is held frequently as unsubstantiated conveyance, little used to pay for items and services. Its price has been risky, which hinders bitcoin’s wider use as a feed medium. Bitcoin gives three main utilities: it can be inexpensive, quicker and censorship-resistant. Bitcoin lacks get entry to banking security, faces day by day threats like hacking. Bitcoin behaves like volatile funding than a currency. With converting instances and technology bitcoin becomes a monetary phenomenon. In India, the Bitcoin financial system is placing hands making it difficult for the government to make it a prison smooth or not, because the wide variety of gamer is growing day by day. groups like Zebpay currently holds 70% of the bitcoin market. Bitcoin continues to be valued as an investment and not foreign money like it is in South Korea. This paper uses a conceptual version to research the relationship of digital currency with fiat foreign money. The observations on fees and e-wallets of bitcoin suggest that bitcoin is used as speculative funding in place of a medium of change. sooner or later, after analyzing the paintings accomplished so far on bitcoins, we conclude that the size and design of digital currencies such as bitcoin do now not pose any on the spot hazard to financial stability. therefore, these paper objectives at exp

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Journal of Accounting, Marketing and Financial Management (JAMFM)  ISSN 2229-8675 Published by SDIP, London, United Kingdom.
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