Volume 18, No. 6, 2021

Potential Benefits Of Cryptocurrencies And The Perception Of Educated Youth Of Balochistan Pakistan Towards Cryptocurrencies: A Comparative Study Between Teachers And Students Of Balochistan, Pakistan

Saira Baloch , Waleed Bashir , Safiullah


Cryptocurrencies have highly influenced global financial markets. They require greater attention from academicians and policymakers as they have a larger impact on the economy. The purpose of this study is to investigate the perception of students and the teachers of Balochistan Pakistan about cryptocurrencies. Teachers are the main players in generating knowledge and creating awareness among the masses regarding new technological advancements and the students are the present or potential users of cryptocurrencies. A pilot study was conducted at the universities of Quetta, in the Balochistan province of Pakistan, where a sample of 100 participants was selected and 78 complete responses were received. The results of the study satisfied all the formulated hypotheses where it proved that perception was significantly dependent upon knowledge of cryptocurrencies, the intangibility of the cryptocurrencies, the field of study containing business and non-business teachers and students, and the lack of government regulations regarding cryptocurrencies. The practical usefulness of the study is that gathered information will help examine the economic and financial literacy of the respondents and their preferences for the use of innovative financial instruments

Pages: 5727-5743

Keywords: Crypto currencies such as Ethereum, Bitcoin and others are digital currencies where the most famous one;

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