Bitcoins as standard form of currency

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1. Why are some businesses are accepting and other businesses are rejecting the use of Bitcoins as a standard form of currency? Compare and contrast this with other cryptocurrencies. Your paper needs to identify two major companies that have adopted Bitcoin technology.

2. Take a position, either 1) cryptocurrency is a fad that will fade, or 2) cryptocurrency is a legitimate representation of wealth that will persist and grow. There are rigorous resources available on either side of the argument to lend credibility to your case. Regardless of your choice, clearly state 2-3 factors succinctly.

Reference no: EM132565105

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