THE IMPACT OF CRYPTOCURRENCIES ON THE COLOMBIAN ECONOMY

Abstract

The following article analyzes and deepens the cryptocurrency market in Colombia, showing its importance and impact on all Colombians who invested in them, looking for ways to generate income in 2020 and 2021 during the Covid health crisis. – 19. Since cryptocurrencies had great growth and popularity, being important for their income and their high volatility in the pockets of Colombians. Each occasion is more versatile, easy to use and obtain for ordinary people. Seen also from its legality in Colombian territory and how the government warns the consumer about the use of these virtual currencies. But no prohibitions are expressed, in which case it is possible to use these currencies.