@misc{_2013,
 copyright={Copyright by Wydawnictwo Uniwersytetu Wrocławskiego Sp. z o.o.},
 address={Wrocław},
 howpublished={online},
 year={2013},
 publisher={Wydawnictwo Uniwersytetu Wrocławskiego},
 language={pol},
 language={eng},
 abstract={The aim of this paper is to answer the question of what — from an economic point of view — isBitcoin. For this purpose, we make a literature review, discussing different views on the subject.Using the typology of money developed by Mises, we fi nd that Bitcoin is a private fi at money, without, however, disproving the regression theorem. Based on the analysis, we conclude that the gold,which is a commodity money, would be a better candidate to serve as a global medium of exchangein a free market. Thus, we see the future of Bitcoin in payment system allowing to make low-cost,relatively anonymous and secure transactions, especially the foreign ones},
 keywords={theory of money, private fiat money, bitcoin},
}