Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Minimum 100words - (compare the value and functions of your coins to the ones chosen by your classmates.) :Cryptocurrency: Define cryptocurrency Add what is it

Minimum 100words - (compare the value and functions of your coins to the ones chosen by your classmates.)

:Cryptocurrency:

  • Define cryptocurrency
  • Add what is it meant to do to centralized finance?
  • Why are the banks concerned about these coins?
  • Why would crypto, such as Bitcoin or Ethereum, benefit for purchases in foreign countries? If you don't use crypto name something or things that could hinder the value of the purchase.
  • Name two reasons the US Government is trying to regulate crypto? Tell me do you think this will or will not be successfully regulated?
  • Name at least two well known companies that take crypto for payment: Name the crypto coin, state it's current market value.
  • Name one company the is that is benefitting from crypto, other than taking it for payment. What is the company doing to profit from crypto?
  • Name three crypto coins: Give the name, current market value, and state the function that the coin is known to do. (ONLY USE 1 of the top three

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Constitutional Law Cases And Materials

Authors: Jonathan Varat, Vikram Amar, Evan Caminker

16th Edition

1647083613, 978-1647083618

More Books

Students also viewed these Law questions

Question

How could an organization's culture be used as a control mechanism?

Answered: 1 week ago

Question

1. Information that is currently accessible (recognition).

Answered: 1 week ago