What social impact a decentralized currency could have

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Bitcoin is a very interesting protocol for many reasons. Technically, it has some curious properties that strengthen its security. However, one could argue that its larger impact is social.

Write a discussion on what social impact a decentralized currency could have, connecting it to Biblical principles.

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The Bitcoin it the most largely using internet currency system in all over the world. This system is encoded with tight security and it provides the service of buying and selling products via internet currencies. As this system is operated by the internet and there is not any kind of governmental involvement, there is no limitation to the currency amount.

Reference no: EM131937893

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len1937893

4/11/2018 3:18:10 AM

Structure 30% Advanced 90-100% Proficient 70-89% Developing 1-69% Not present Thread: Grammar and Spelling, Turabian formatting (30%) 10 to 11 points Spelling and grammar are correct. Sentences are complete, clear, and concise. Paragraphs contain appropriately varied sentence structures. Where applicable, references are cited in current Turabian format. 7.7 to 9 points Spelling and grammar has some errors. Sentences are presented as well. Paragraphs contain some varied sentence structures. Where applicable, references are cited with some Turabian formatting. 1 to 7.6 points Spelling and grammar errors distract. Sentences are incomplete or unclear. Paragraphs are poorly formed. Where applicable, references are minimally or not cited in current Turabian format. 0 points Not present

len1937893

4/11/2018 3:18:01 AM

Content 70% Advanced 90-100% Proficient 70-89% Developing 1-69% Not present Thread: Content 31 to 35 points All key components of the (Group) Discussion Board Forum prompt are answered in the thread. The thread has a clear, logical flow. Major points are stated clearly. Major points are supported by good examples or thoughtful analysis. 24.5 to 30 points Most of the components of the Group Discussion Board Forum prompt are answered in the thread. The thread has a logical flow. Major points are stated reasonably well. Major points are supported by good examples or thoughtful analysis. 1 to 24.4 points The Group Discussion Board Forum prompt are addressed minimally. The thread lacks flow or content. Major points are unclear or confusing. Major points are not supported by examples or thoughtful analysis. 0 points Not present

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