Master's Thesis from the year 2020 in the subject Economics - Monetary theory and policy, grade: 2,3, University of Paderborn (Economics), course: Master, language: English, abstract: This paper examines whether characteristics and functions of money can be applied to Bitcoin. By publishing the whitepaper of Bitcoin in 2008, Satoshi Nakamoto started the story of Bitcoin. It is not just a question whether Bitcoin works as promised to as "a peer-to-peer...