Which of the following is the MOST commonly written/discussed topic in recent practitioner publications?
A) Data Analytics
B) Cloud computing
C) Artifical intelligence
D) Bit coins
Answer: D
This is bitcoin, which is the most discussed topic.
This is M1 type (very liquid) of money supply but a digital currency, used for online transaction. It has not Federal control or centralized control.
It becomes a popular topic now because it may create Federal monetary policy to fail. Since there is no control, the excessive use of it (the market is showing this trend) may affect M1 money supply and can create inflationary situation in the economy. The policymaker may become helpless there.
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