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Short Writing Assignment #2: Is Bitcoin the Future of Currency? Formatting: Two pages double spaced, using 12 point font and standard margins.
Date Posted: 09/03/2021
Category: Economics
Due Date: 11/03/2021
Instruction
As more people and companies accept the use of Bitcoin as a currency, it is good to examine what this will mean for the future. Specifically, in your two pages consider: 1. What are the advantages and disadvantages of Bitcoin? 2. Would governments ever accept Bitcoin? What, if any, regulations would be needed? 3. Could there be a lasting environmental impact from Bitcoin usage? 4. What security/safety risks come with the use of bitcoin? How secure do you believe it is? 5. Will people be willing to replace their $ with Bitcoin? Would you? Is it the future of currency?
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