Electronic money as necessity of economization of currency circulation, their advantages and disadvantages


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Abstract

The article substantiates the position that the growth of the world financial system objectively encourages humanity to the need for economization of money circulation, which led to the emergence of electronic money. A brief look at the history of emergence of electronic money is presented. Positive and negative aspects in the use of electronic money are viewed.

About the authors

M. V. Kashirina

Department of Economics, Academy of Economics, Law and Humanities (Academy VEGU), 71/3, October Prospect, Ufa, 450054, Republic of Bashkortostan.

Author for correspondence.
Email: morenov.sv@ssau.ru

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