Cryptocurrency, such as Bitcoin, has had a significant impact on the global economy and financial system. On the one hand, it has the potential to disrupt traditional financial systems by providing a decentralized alternative to fiat currency. It can also enable faster and cheaper cross-border transactions, potentially reducing the need for intermediaries such as banks. On the other hand, the volatility of cryptocurrency prices and lack of regulation has raised concerns about its stability and potential use in illegal activities. The impact of cryptocurrency on the global economy and financial system is still an ongoing topic of debate and research.