внегосударственные денежные системы

Introduction. In the information economy, along with the state monetary systems, non-state ones arise and develop. Some of them operate on the basis of so-called cryptocurrencies. The article investigates the pros and cons of the development of modern cryptocurrencies that use the global Internet. Theoretical analysis. The advantages of cryptocurrencies are analyzed, among which the main one is a high investment potential. It allows to attract financial resources for the implementation of significant projects in the real sector of the economy within the ICO by analogy with crowdfunding. Among the disadvantages of cryptocurrencies, the author highlights the following: separation from real production, high financial and energy costs, inequality of participants, the lack of control of state structures, the problem of security. Particular attention is paid to one of the first cryptocurrencies – Bitcoin. The Strong volatility of its stock price is marked. Results. There made a conclusion about the high risks of cryptocurrencies creating and developing at the present stage. At the same time, the author emphasizes the high monetary, financial and investment potential of non-state monetary systems operating on the basis of cryptocurrencies.