Abstract
The 2008 financial crisis led to the creation of a digital coin that no longer needed a financial institution to act as a third party. While Bitcoin’s name has been tarnished by its uses for illegal activity, the technology has allowed it to thrive in an increasingly digital world. With governmental crackdowns on cryptocurrencies looming, the future of Bitcoin remains up for debate. As COVID-19 causes another national financial crisis, there are many that believe the scenarios are in place for another large price increase in the near future. While future Bitcoin prices are unpredictable at best, the technology remains one of the driving forces behind the cryptocurrency’s meteoric rise. We will look at some of the key players that kept Bitcoin alive (for better or worse) during some uncertain times, and why the cryptocurrency may not be as untraceable as some might think.
Year Manuscript Completed
Spring 2020
Senior Project Advisor
G. Michael Barton
Degree Awarded
Bachelor of Integrated Studies Degree
Field of Study
Commerce & Leadership
Document Type
Thesis - Murray State Access only
Recommended Citation
kirksey, geoffrey d., "Bitcoin and the Future of Money" (2020). Integrated Studies. 255.
https://digitalcommons.murraystate.edu/bis437/255