Cryptorisks

The funds is the core of the financial system of any modern state. Initially, the money comes from private funds, however, the development of the economy and other factors at the time led to the abandonment of private money and the establishment of a unified monetary system in most countries. Despite this, the development of Internet technologies and trading techniques in real time has led to the revival of the idea of private money. The emergence of cryptocurrencies, their active popularization in the world, on the one hand, and the uncertainty surrounding their legal nature, on the other, may have a considerable impact on the national economy due to the need for consistent maintenance of the balance of payments. The danger is that if earlier it was possible to physically stop the activity, for example, the backstreet press, which printed banknotes (including counterfeit), etc., then do the same with cryptocurrency is not possible because of decentralization. In other words, account entries in the cryptocurrency stored on different computers around the world that are not directly related to each other. The allurement of crypto-currencies and other monetary surrogates is in the fact that the order of calculation in the legislation of most countries are not settled so far that actually removes the barriers to international transactions, although creating the conditions for the withdrawal of funds abroad (no need to pay any commissions to banks, pay taxes, etc.). It is difficult to say how actively business entities implements the latest technology (the blockchain) today. However, the new trend of monetary dualism already figured out, and gradually comes to life. The article is devoted to the analysis of the risks of modern virtual money substitutes in the absence of clear regulation and uniform approach in the world.