Cryptocurrencies: Evaluating the Potential for Adoption in Developed and Developing Nations

Simple item page
dc.contributorRodríguez-Alegría, Enrique R.
dc.creatorHaydon, Parker
dc.date.accessioned2024-02-22T17:08:48Z
dc.date.available2024-02-22T17:08:48Z
dc.date.issued2021-05
dc.description.abstractI evaluate the potential for the widespread adoption of cryptocurrencies in the United States, Argentina, and Venezuela from five angles: existing state, store of value, the unbanked, perceptions and associations, and regulation. The first factor affecting future cryptocurrency adoption is the existing state which consists of the current adoption--current usage within each country--and national currency performance. The second factor is the potential for cryptocurrencies to serve as a store of value asset while considering hyperinflation and correlation with other assets. The third factor is the ability for cryptocurrencies to help the unbanked. The fourth factor is the perceptions and associations that people have surrounding cryptocurrencies. As with any technology, individuals' thoughts and ideas can significantly impact adoption. Finally, the fifth factor is regulation. Regulation can define how people interact with technologies such as cryptocurrencies. After considering each of the five factors, I conclude that in all three nations, cryptocurrency adoption will likely continue. In comparing the potential for adoption between the United States and Argentina and Venezuela, I determine that individuals in Argentina and Venezuela would be more likely to adopt cryptocurrencies than individuals in the United States based on the five factors analyzed.
dc.description.departmentAnthropology
dc.identifier.urihttps://hdl.handle.net/2152/123757
dc.identifier.urihttps://doi.org/10.26153/tsw/50551
dc.language.isoeng
dc.relation.ispartofPlan II Honors Theses - Openly Available
dc.rights.restrictionopen
dc.subjectCryptocurrencies
dc.subjectBitcoin
dc.subjectBlockchain
dc.subjectEthereum
dc.subjectDeveloped Nations
dc.subjectDeveloping Nations
dc.titleCryptocurrencies: Evaluating the Potential for Adoption in Developed and Developing Nations
dc.typethesis

Access full-text files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
haydonparker_4185845_60372497_Haydon_Thesis_Cryptocurrencies Evaluating the Potential for Adoption in Developed and Developing Nations_2021.docx.pdf
Size:
2.81 MB
Format:
Adobe Portable Document Format
Download

License bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.64 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Plan II Honors Theses - Openly Available