Affiliation:
1. University of Petroleum and Energy Studies, India
2. Graphic Era University, India
Abstract
Cryptocurrency and Bitcoin have gained significant attention in recent years, disrupting traditional banking systems and raising concerns about their impact on the international economy and cybersecurity. Bitcoin, the first and most well-known cryptocurrency, has seen an exponential rise in value since its inception in 2009, reaching an all-time high of over $1 trillion in market cap in 2021. So, cryptocurrency and Bitcoin have significant impacts on the international economy and cybersecurity landscape. While they offer many benefits, they also pose significant challenges and risks. As the technology continues to evolve, it will be essential for governments, financial institutions, and individuals to stay informed and take steps to ensure the security of their digital assets.