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Understood functions of money

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1. One to two paragraphs. What are the three commonly understood functions of money? How successful is Bitcoin in fulfilling these functions? Is this a problem for Bitcoin?

2. One to two paragraphs. What is the difference between a centralized and a decentralized distributed database? What are the advantages and disadvantages of relying on a decentralized distributed database such as the blokchain with Bitcoin?

Reference no: EM131842828

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Understood functions of money : 1. One to two paragraphs. What are the three commonly understood functions of money? How successful is Bitcoin in fulfilling these functions? Is this a problem
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