Bitcoins as standard form of currency

Assignment Help Basic Computer Science

Reference no: EM132825352

This reading centered around Bitcoin Economics.

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 crypotcurrencies. Your paper needs to identify two major companies that have adopted Bitcoin technology as well as one that has refused accepting Bitcoin as a form of currency. Be sure to discuss each organization, how they adopted (or why they won't adopt) Bitcoin, and what recommendations you have for them to continue to support Bitcoin (or why they should support Bitcoin).

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: EM132825352

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