In the framework of the scientific activities of the Faculty of Economics and Management Department of Economics organized a symposium under the title: Is the new electronic currency bit coin will wipe out the dollar and euro? The seminar was attended by Prof. Najwa Samak, Professor of Economics at the Faculty of Economics and Political Science, Cairo University, where she addressed the definition of Bit Coin, the foundation ,the international recognition of it, the development of its price, methods of obtaining it and the date of its issuance, as well as dealing with the historical development of money from commodity money, banknotes and checks to payment systems, electronic money, electronic reactions and their economic effects, on Tuesday, March 13, 2018 at 11:00 am at hall 4310.