Question

WHAT DETERMINES THE VALUE OF A VIRTUAL CURRENCY? WHAT DETERMINES THE VALUE OF A VIRTUAL OR...

WHAT DETERMINES THE VALUE OF A VIRTUAL CURRENCY?

WHAT DETERMINES THE VALUE OF A VIRTUAL OR DIGITAL ASSET?

Virtual Currency and value derived from ?

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

the value of virtual currency is determined by the characteristics and the feature of this currency and the credibility of the currency along with the participation of the market participants in order to determine the value of the currency and transparency in it's operations

there are various digital assets which could be like photography,animations b, the online form and assets derive their value out of their quality and content as well as demand and supply and credibility as well.some digital assets are also backed by the physical assets their value would be derived by the physical assets as well.One of the example could be these digital assets are sold over shopify.

Virtual currencies values are are determined by a fair mechanism of of trading by various market participants and low regulation by the exchanges like one can be seen through Bitcoin.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Briefly explain how free() determines the amount of memory to be freed from the heap. What...
Briefly explain how free() determines the amount of memory to be freed from the heap. What are the additional hardware capabilities necessary to support virtual memory?
Money demand. Using the model in Chapter 12. Explain what determines the demand for currency or...
Money demand. Using the model in Chapter 12. Explain what determines the demand for currency or credit card services. What happens when the cost of credit card services increases? When the interest rate decreases? When income increases? When prices increase? When the FED buys bonds? Illustrate the effect of these changes in the money market using a graph and explain the mechanisms.
Given class Function {     public:     virtual double compute(double value) = 0;     virtual double differentiate(double value) =...
Given class Function {     public:     virtual double compute(double value) = 0;     virtual double differentiate(double value) = 0;     virtual double integrate(double value) = 0; }; class Sine : public Function {     public:     double compute(double value); // compute sin(x) for a given x     double differentiate(double value); // compute derivative sin'(x) for a given x     double integrate(double value); // integrate sin(x) for a given x }; class Tangent : public Function {     public:     double compute(double value); // compute tan(x) for a given x...
What determines the value of labor? Is labor like any other commodity?
What determines the value of labor? Is labor like any other commodity?
In a floating exchange rate environment, how is the value of a currency determined? What factors...
In a floating exchange rate environment, how is the value of a currency determined? What factors affect the value of the currency?
What impact does the value of a country's currency have on pricing?
What impact does the value of a country's currency have on pricing?
In 2005, it took 19.08 currency units to equal the value of 1 currency unit in...
In 2005, it took 19.08 currency units to equal the value of 1 currency unit in 1917. In 1990, it took only 13.90 currency units to equal the value of 1 currency unit in 1917. The amount it takes to equle the value of 1 currency unit in 1917 can be estimated by the linear function V given by V(x)=0.3514x + 14.4472, where x is the number of years since 1990. Thus, V(11) gives the amount it took in 2001...
The fall in value of one currency relative to another is an appreciation of a currency....
The fall in value of one currency relative to another is an appreciation of a currency. True False
what is the determines the value of cure for acne? For ALS (amyloid lateral sclerosis, or...
what is the determines the value of cure for acne? For ALS (amyloid lateral sclerosis, or Lou Gehrig's disease)? Which discovery is worth more to a pharmaceutical firm that is able to patent a cure? Explain your answer.
a. Assume that the value of a country's currency is 1 when the price level is...
a. Assume that the value of a country's currency is 1 when the price level is 1. If the price level changes to 1.2, the value of the country's currency will change by what ?? percent. b. Now assume that the value of a country's currency is equal to 1 when the price level is 1.4. If the price level changes to 1.5, the value of the country's currency will change by what ?? percent.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT