Demystifying the Cult of Cryptocurrency: A Discourse on Bitcoin

Authors

  • Samuel S. Mitra Researcher, St. Xavier’s College (Autonomous), Kolkata
  • Payal Sharma Assistant Professor and Research Scholar, Dept. of Commerce (Morning), St. Xavier’s College (Autonomous), Kolkata
  • Uzma Khan Guest Faculty, Bhawanipore Education Society College, Kolkata

DOI:

https://doi.org/10.33516/maj.v56i11.52-55p

Keywords:

No Keywords.

Abstract

The standout revolution of the 21st century era is arguably the blitzkrieg proliferation of technology. In this light, it is quite intriguing to deliberate upon the digital currencies which have triggered a seismic shift in the way businesses are being conducted and has brought a wholesome metamorphosis in the modus vivendi of the common man. The so called “cryptocurrencies†have garnered prodigious attention in the past few years. The cryptocurrency market is deluged with several other digital currencies intending to make inroads in the market. In this context, it is imperative to throw light on Bitcoin which was the first and presently the leading decentralized cryptocurrency. The aim of the present study is to understand the essence of Bitcoin along with its pros and cons and examine if it could exist for the long haul.

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Published

2021-11-30

How to Cite

Mitra, S. S., Sharma, P., & Khan, U. (2021). Demystifying the Cult of Cryptocurrency: A Discourse on Bitcoin. The Management Accountant Journal, 56(11), 52–55. https://doi.org/10.33516/maj.v56i11.52-55p

Issue

Section

Cover Story

References

Gollerkeri, G. (2021). The most profound revolution of our times: Bitcoin. Deccan Herald. Available at http://www.deccanherald.com (Accessed on 20th September, 2021).

Economic Times Spotlight Special. Moving beyond Bitcoin to the next crypto revolution in 2021. (2021). Economic Times. Available at http://www.m.economictimes.com (Accessed on 21st September, 2021).

Szalay, E. (2021). Bitcoin: too good to miss or a bubble ready to burst? Financial Times. Available at http:/ www.ft.com (Accessed on 22nd September, 2021).

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