Question

Future of Bitcoin: What is your view of the future progression of bitcoin? Will it survive…will...

Future of Bitcoin: What is your view of the future progression of bitcoin? Will it survive…will it thrive? Why? Describe any interesting challenges.

**write a 375-425 word essay

Homework Answers

Answer #1

Bitcoin is one of the growing concept. It is considered to the digital currency. It was into the picture some years back but now it is losing its credibility. As there are no regulatory agencies and also no source of origin, it will be difficult for it to survive in near future. There is a high risk of fraud as the whole transactions depends upon the computer which is highly suspectible. There is no back up support for this currency as common currencies such as US dollar,etc ahve back up support. So, the bitcoin will find very hard to sustain in near future.

Note: I have explained the basic part and you can now eloborate further. This will help.

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
What are the top five challenges in implementing HIEs? In your view, what are some methods...
What are the top five challenges in implementing HIEs? In your view, what are some methods by which these challenges can be overcome? Give reasons why you think the methods proposed could overcome the challenges. (Approximate length: 300-400 words)
As you contemplate your future NP practice, how do you view your role in the implementation...
As you contemplate your future NP practice, how do you view your role in the implementation of EBP? What thoughts do you have about how you will engage in scholarship in your NP role? What are some barriers you see in implementing evidence-based practice? Search entries or author
In your own word, what are your parents and/or grandparents view on contraception. Do you think...
In your own word, what are your parents and/or grandparents view on contraception. Do you think your parents/grandparents wish that the alternatives available today were available in their day? How might their lives be different if these alternatives were available?
Write a short (200 word or less) paper about an issue in your experience that can...
Write a short (200 word or less) paper about an issue in your experience that can be resolved using rotational dynamics. USE NO EQUATIONS, USE NO MATH The essay must describe the issue involved, why it is an issue, both which topic you wish to describe it with (rotational kinetic energy, rotational stability, rotational dynamics) and what subtopic you would use, and adequately explain how the topic is used to resolve or understand the issue.
Suppose you're a speculator with a base currency of USD. Your view is that JPY interest...
Suppose you're a speculator with a base currency of USD. Your view is that JPY interest rates will go down more than the market expects. Instead of buying a physical JPY bond to implement your view, you decide to purchase a JPY bond future. Question: When you put on the trade, do you have exposure to Yen? If not, why not? If so, why, and what do you do about hedging it. (Ignore issues of posting initial margin.)
This Critical Thinking assignment is based upon a published case study. View the case study Kopia,...
This Critical Thinking assignment is based upon a published case study. View the case study Kopia, J., Just, V., Geldmacher, W., & Bubian, A. (2017) Meaning and Usage of a Conceptual Enterprise Risk Management Framework - A Case Study (Links to an external site.). Ecoforum Journal, 6(2). Retrieved from http://ecoforumjournal.ro/index.php/eco/article/view/597/384 Review the case study and write a 4-5 page essay addressing the following questions and support your answers: 1.       What is the meaning of risk management? 2.       What is a...
1.What is your point of view of becoming a volunteer? 2.if you have the opportunity to...
1.What is your point of view of becoming a volunteer? 2.if you have the opportunity to become a volunteer, which country would you go and why?
In your view, what is the most important reason why a society should care about falling...
In your view, what is the most important reason why a society should care about falling rates of labor force participation.
What is your vision of e-commerce's future? What do you see as its impact on brick-and-mortar...
What is your vision of e-commerce's future? What do you see as its impact on brick-and-mortar business? Describe how you envision the retail market and all of its segments in the not-too-distant future.
What in your view is the most important policy issue facing the United States? Why is...
What in your view is the most important policy issue facing the United States? Why is it important, and which specific problems need to be solved? How would you go about solving these specific problems using the policy process?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT