Nature and Essence of Cryptuals

The article considers the changes in the process of society living and the revolution of IT technologies, which also influenced the modification of monetary forms and payment systems. Changes are compared at the level of the new technological order from the lowest level to the highest and most progressive one, the reasons for the emergence of new electronic funds are formulated. Characteristics of the crypto currency, its nature and nature of its origin are given. The main functions of money in relation to the crypto currency are considered. A new term for pseudo money is introduced. A description of the process of digital peer-to-peer electronic cash is given. Opinions about the available functions of the crypto currency and further opportunities for its development against the background of changes in market relations, new forms of management and electronic payment systems are expressed. The specific features of the crypto currency are considered, its advantages and disadvantages are formulated. The peculiarity of crypto currency functioning in its unique EPS is considered, the availability of which is an indispensable condition for its existence.