نوع مقاله : مقاله پژوهشی
نویسندگان
1 کارشناسی ارشد مهندسی صنایع دانشگاه امیرکبیر
2 دکتری مخابرات، گروه آماد و فناوری، دانشگاه عالی دفاع ملی
3 کارشناس ارشد مدیریت فناوری اطلاعات دانشگاه پیام نور تهران
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
Bitcoin was introduced as a pioneering cryptocurrency when the global financial markets were in crisis. The decentralized financial system of Bitcoin needs to have monetary properties such as being a medium of exchange, account of value, and store of value to become a monetary unit for financial transactions. The biggest obstacle Bitcoin currently faces or such a performance is its price volatility. This study examines the limitations of the Bitcoin system for interpreting the scope of inherent financial and security risks. In this regard, a GARCH model (1,1) has been used to analyze bitcoin volatility with respect to macroeconomic variables in countries where bitcoin is traded most. This study explores how the Bitcoin system can inherently increase financial risks under policies of influential countries such as the United States
کلیدواژهها [English]