Cryptocurrency as the newest form of money in the XXI century

This article is devoted to cryptocurrency as the newest form of currency in an era of a rapid IT development. The cryptocurrency is substantially known to have a number of advantages, and, thus, could be integrated into the global financial system to increase its effectiveness. However, there are some issues concerning its usage. In particular, a possibility to use cryptocurrency anonymously might cause some issues with taxation and also lead to an increasing number of illegal transactions. In conclusion it is stated that in the medium run cryptocurrency might qualify as the global currency and even replace fiat money