Abstract
The emergence of digital currency is becoming prevalent in the age of globalization – specifically, cryptocurrencies. Cryptocurrencies and blockchain are two recently discovered concepts currently being explored by researchers and developers. Cryptocurrency is a subset of digital currency that encompasses revolutionary technology, shifting political and economic spheres in nation-states. Certain governments are more prone to the adoption of cryptocurrencies and three comparative case study countries, Iran, Russia, and Venezuela, have shared attributes that result in adoption. Observed factors that result in the adoption of cryptocurrencies include corruption, GDP level, economic volatility, and Western sanctions. These factors will be applied in the case study countries to analyze the adoption of native government-backed cryptocurrency.
Thesis Completion
2019
Semester
Spring
Thesis Chair/Advisor
Turcu, Anca
Co-Chair
Mousseau, Demet
Degree
Bachelor of Arts (B.A.)
College
College of Sciences
Department
Political Science
Degree Program
Pre-Law
Language
English
Access Status
Open Access
Release Date
5-1-2019
Recommended Citation
Mahdavieh, Rose, "Governments' Adoption of Native Cryptocurrency: A Case Study of Iran, Russia, and Venezuela" (2019). Honors Undergraduate Theses. 502.
https://stars.library.ucf.edu/honorstheses/502