Re-thinking the concept of money: Investor’s knowledge about cryptocurrency as an investment alternative and mode of payment
By: Poojha, S., Krishnan, S.H.S. and Khanzode, P
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Material type: 
BookPublisher: Abhigyan: Management Journal from fore Description: 41(4), Apr-Dec, 2023: p.12-14.Subject(s): Cryptocurrency, Digital Assets, Tax Levy, 2022 Budget, Digital Currency, Acceptance of Cryptocurrency, Mode of Payment, Online Survey, Structural Equation Modelling, Knowledge of Cryptocurrency, Gender, Cryptocurrency Investment, Fintech Companies, Financial Research
In:
Abhigyan: Management Journal from foreSummary: The recent buzz across India after the 2022 budget, where there has been a separate tax levy of 30% on the income from digital assets, is the concept of cryptocurrency. There has been a sudden increase in the number of people investing in digital currency. This research aims to investigate the knowledge of cryptocurrency and factors that may play a role in the acceptance of cryptocurrency as a mode of payment. The questionnaire was distributed to 220 respondents, collecting their responses through an online survey method. Structural equation modelling was performed to analyse and test the hypothesised relationships. The results show that there is knowledge of cryptocurrency among investors. Additionally, gender plays a significant role in cryptocurrency investment. These findings would be helpful in the future for the significant fintech companies who are planning to revolutionise the mode of payment through cryptocurrency and also for further financial research that takes place in the future.- Reproduced
https://fore-abhigyan.fsm.ac.in/articles/10.56401/Abhigyan/41.4.2023.2-14
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 41(4), Apr-Dec, 2023: p.12-14 | Available | AR131574 |
The recent buzz across India after the 2022 budget, where there has been a separate tax levy of 30% on the income from digital assets, is the concept of cryptocurrency. There has been a sudden increase in the number of people investing in digital currency. This research aims to investigate the knowledge of cryptocurrency and factors that may play a role in the acceptance of cryptocurrency as a mode of payment. The questionnaire was distributed to 220 respondents, collecting their responses through an online survey method. Structural equation modelling was performed to analyse and test the hypothesised relationships. The results show that there is knowledge of cryptocurrency among investors. Additionally, gender plays a significant role in cryptocurrency investment. These findings would be helpful in the future for the significant fintech companies who are planning to revolutionise the mode of payment through cryptocurrency and also for further financial research that takes place in the future.- Reproduced
https://fore-abhigyan.fsm.ac.in/articles/10.56401/Abhigyan/41.4.2023.2-14
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