Publicação
Discussing the advantages and disadvantages of cryptocurrency as an instrument of payment and a tool for transactions
| Resumo: | Different payment methods have been evolving for better convenience, cryptocurrencies are no different in principle. This dissertation aims to find out if the general population is willing to adopt cryptocurrencies as a payment method through a descriptive survey targeting both current cryptocurrency users and non-cryptocurrency users. The results reveal that most cryptocurrency users use cryptocurrency for just investment purposes and tend to choose the coin according to its popularity instead of other intrinsic aspects. E-commerce payment is the most attractive activity followed by international transactions when using cryptocurrency as a payment method. High volatility and lack of ease of use have been the most common difficulties in usage. While many people have perceived no difficulties at the same time. As being a controversial payment method, it’s hard to define its potential future development theoretically. Thus, the author chose to analyse it from the users’ perspective, who gave feedback based on their real experience. The general attitude towards cryptocurrency is quite positive in terms of the wiliness of non-cryptocurrency users to know more about cryptocurrency and adopt it and the wiliness of the current cryptocurrency users to continue using and recommend it to others. |
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| Autores principais: | Shiwen Yang |
| Assunto: | Payment method Cryptocurrency Adoção -- Adoption Comércio eletrónico -- E-commerce International transaction Forma de pagamento Criptomoeda Transação internacional |
| Ano: | 2022 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | ISCTE |
| Idioma: | inglês |
| Origem: | Repositório ISCTE |
| Resumo: | Different payment methods have been evolving for better convenience, cryptocurrencies are no different in principle. This dissertation aims to find out if the general population is willing to adopt cryptocurrencies as a payment method through a descriptive survey targeting both current cryptocurrency users and non-cryptocurrency users. The results reveal that most cryptocurrency users use cryptocurrency for just investment purposes and tend to choose the coin according to its popularity instead of other intrinsic aspects. E-commerce payment is the most attractive activity followed by international transactions when using cryptocurrency as a payment method. High volatility and lack of ease of use have been the most common difficulties in usage. While many people have perceived no difficulties at the same time. As being a controversial payment method, it’s hard to define its potential future development theoretically. Thus, the author chose to analyse it from the users’ perspective, who gave feedback based on their real experience. The general attitude towards cryptocurrency is quite positive in terms of the wiliness of non-cryptocurrency users to know more about cryptocurrency and adopt it and the wiliness of the current cryptocurrency users to continue using and recommend it to others. |
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