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What is Fiat Currency

Chapter 9

Mainstreaming Cryptocurrency and the Future of Digital Finance

Government-issued currency not backed by a physical commodity such as gold or silver but rather by the government's guarantee of its value. Examples include the US dollar, the euro, and the Japanese yen.

Published in Chapter:

Cryptocurrency Adoption

Kochar Sahibpreet Singh (University Canada West, Canada)

Source Title: Mainstreaming Cryptocurrency and the Future of Digital Finance

DOI: 10.4018/978-1-6684-8368-8.ch009

Abstract

This chapter examines how familiarity influences the adoption and how education may increase cryptocurrency users. This project will use a systematic approach highlighting the growth of acceptance of cryptocurrency from 2017 to 2023 using a mixed methods approach since there has been little research on how individuals have embraced and accepted cryptocurrencies. Due to a lack of study, this study examines cryptocurrency adoption, its drivers, and its hazards. This study's outcomes will be a form of Literature Review for future research, increase knowledge of cryptocurrency acceptance, and help in cryptocurrency adoption.