Bitcoin as an Instrument of Financial Support for the World Economy Sustainable Development

Structural changes in the world economy require a constant increase in investment flows. The main factor that determines the presence or absence of resources to finance investment processes is the amount of money in circulation. In this regard, in recent decades, the world financial system has been increasingly faced with the issue of the money supply increase. The process of increasing the currency in circulation should not get out of control; it has to satisfy the needs of world economy sustainable development and at the same time ensure the stability of the international financial markets functioning. Thus, today the issue of finding an international payment facility that would ensure the sustainable development of the world economy on the basis of a controlled growth of the money supply in circulation is an acute one. The way to solve the problem of the money in circulation optimization can be found in so-called cryptographic currencies, the leader among which nowadays is Bitcoin. The purpose of this study is to find the answer to the question: "Can Bitcoin's usage as an international means of payment be a way to solve the issue of the money in circulation optimization in order to maintain sustainable development of the world economy?" The study is based on an analysis of the statistical data available at The World Bank, Blockchain Luxembourg SA, MS Brokers Europe Limited. The methodology of the analysis is based on the use of descriptive statistics, correlation analysis, comparative and trend analysis elements.