The Future of Cryptocurrency After the Pandemic

The definition of money is one of the most fundamental discussions of economics. Regardless of banknote or coin, many studies have been done on what money means. In the second half of the 20th century, with the spread of the banking system, a global monetary system based on the dematerialized money system was established. Especially in times of financial crisis, the reliability of this system is questioned. However, the global financial system, in which the whole world is integrated, makes a total change very difficult. The widespread use of cryptocurrencies has brought new discussions with recent technological developments.

It is thought that the COVID-19 pandemic will increase because of the transmission of the virus due to the exchange of money. It is seen that these developments are defined as a period in which shopping has shifted to the internet environment and cryptocurrencies are valued. On the other hand, the crisis environment in the world has produced a completely different result. People moved away from uncertainty and turned to investments such as gold and silver. The post-pandemic period is pregnant with new developments in this respect. In this paper, the integration process of cryptocurrencies for the post-pandemic period will be questioned.