Question

How is Bitcoin trading changing our perception of investment and money, in positive way?

How is Bitcoin trading changing our perception of investment and money, in positive way?

Homework Answers

Answer #1

Bitcoin is a recently famous crypto currency which has increased in value in a short span of time.

It is a money from emerging markets which has shown people can develop their own digital currency and trade among each other.

There can be a possibility of having a cashless economy in future and there be no need of bank.

This feature of bitcoin has changed people's perception of investment and trading as they realized that money can be invested to develop a currency which can be traded and more money can be made through its speculation.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
How horopter relates to our perception of depth
How horopter relates to our perception of depth
1) How does a changing interest rate affect the value of money over time? 2) In...
1) How does a changing interest rate affect the value of money over time? 2) In the Ginny's restaurant case, how do we leverage potential future cash flows to attain funds today? 3) How would our decisions change in the Ginny's restaurant case based on our expectation of future interest rates? What would we do if we expect the Fed to continue to increase rates over the next year-- does it change our decisions?
How do you adapt to the continuous changing of types of masks? Our facility has had...
How do you adapt to the continuous changing of types of masks? Our facility has had so many types of mask vendors throughout this pandemic, and it was very difficult for us to ensure compliance with each type of mask? How are you complying with this?
How is technology like Twitter, Prezi, or screen capture, like Kahn Academy uses, changing the way...
How is technology like Twitter, Prezi, or screen capture, like Kahn Academy uses, changing the way that people learn? How you could use the concept of "flipping the classroom" in your workplace or classroom? please be specific with your example
Explain how to construct a positive-alpha trading strategy if stocks that have had relatively high returns...
Explain how to construct a positive-alpha trading strategy if stocks that have had relatively high returns in the past tend to have positive alphas and stocks that have had relatively low returns in the past tend to have negative alphas.
Analyze the chart below: 1) Explain how the US economy would be affected if our trading...
Analyze the chart below: 1) Explain how the US economy would be affected if our trading partners stopped selling vehicles to the United States. 2) Analyze how countries benefit from participation in international free-trade agreements (Example: NAFTA). Give an example of how the U.S. has benefited from participation in a free-trade agreement.
how have the current cultural environment of our country shaped the way that companies ate looking...
how have the current cultural environment of our country shaped the way that companies ate looking at their own coporate culture standards?
One of your relatives suggests to you that our country should stop trading with other countries...
One of your relatives suggests to you that our country should stop trading with other countries because imports take away jobs and lower our national well-being. How would you try to convince him that this is probably not the right way to look at international trade and its effects on the country? AND Consider our Standard model of the economy, with two goods (wheat and cloth) and two factors (land and labor). A decrease now occurs in the price of...
Endogenous Money Theory offers a different way of understanding how banks create money. In this conception:...
Endogenous Money Theory offers a different way of understanding how banks create money. In this conception: (choose all that are correct) A. the commercial banking system creates money as a multiple of base money B. the Central Bank determines how much money the commercial banking system can crea C. the commercial banking system drives the money supply through its lending process D. the Central Bank creates the entire money supply E. the banking system will creates loans that it feels...
We use money in our daily lives. How you earn, spend, and save money all rely...
We use money in our daily lives. How you earn, spend, and save money all rely on math skills. Although the basics of money matters are taught from an early age on they still impart struggles into adulthood. Think back to your own “money-math” experiences and share how you learned about money and what important lessons you took away from the experiences. Please include specific strategies that help you make informed financial decisions.