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Finance question 1. The attributes of an ideal record-keeping system include: (a) Accuracy, (b) Cost-efficiency (i.e., cheap to maintain and operate), and (c) Decentralisation. Bitcoin

Finance question 1. The attributes of an ideal record-keeping system include: (a) Accuracy, (b) Cost-efficiency (i.e., cheap to maintain and operate), and (c) Decentralisation. Bitcoin is an electronic currency system that is cost-effective and decentralised but not accurate because the price fluctuates too much.

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