Discussed bitcoin economics

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We discussed Bitcoin Economics. you need to search the Internet and explain the following:

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.

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.

Reference no: EM132568482

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