Market Eyesight: Technology outside the legal field — Bitcoin

25/09/2017

Unicase presents to your attention an overview of the technology outside the legal field — Bitcoin. Bitcoin appeared in 2009, but now business, including Kazakhstan’s entrepreneurs, began to use this cryptocurrency. At the same time, bitcoin is actively used by ordinary citizens, in particular, one can recall the recent sale of real estate in Astana and Almaty for bitcoins.

A distinctive feature of bitcoin is complete anonymity and decentralization, which, in the presence of certain advantages, are not without drawbacks, such as the possibility of financing terrorism, use in the shadow sectors of the economy. Along with the increased interest in this technology, in view of the above shortcomings, there arises the need for legal regulation of the issue.