Borkova Elena Arkadevna – (The St. Petersburg State University of Economics)
Gilmanov Denis Vladimirovich – (The Russian Presidential Academy of National Economy and Public Administration)
The article reveals the problems associated with the formation of Bitcoin cryptocurrency as the newest financial instrument. In the financial sphere, the word “bitcoin” is increasingly heard, the possibilities and risks of this virtual currency are discussed. Bitcoin creation technologies can be defined as creating products using a complex algorithm. At present, its prospects, advantages and disadvantages are being evaluated, and brief recommendations on working with bitcoins are given.
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