João Paulo Carniato Genta

Crypto-coins have received a great deal of attention in recent years, with Bitcoin being the most relevant currency in this market. But it has also faced several challenges to establishing itself as a widely used payment medium. In this context, the present work sought to examine from a historical, computational, statistical and social perspective, whether Bitcoin or other currencies may become the next evolution of money. The hypothesis raised is that virtual currencies can assume the role of the next representative of money. For this, it employed the bibliographic research and the survival analysis method for analyzing the data used. Thus, from the study, it was concluded that the crypto-coins seem to be a natural evolution of money when examined from the point of view of its evolution in time. In addition, the analysis of its operating system appears to be sufficiently robust to carry out this change. However, the statistical results obtained pointed to a growing speculative bias in the price of Bitcoin, which, together with the Moneycentrism theory, highlighted social responsibility in the process of subversion of the initial purpose of crypto-coins, to be a reliable and efficient means of payment. So long as this interference is not remedied, it is unlikely that virtual currencies establish themselves as a new evolution of money.