02 Oct Bitcoin Case Study
38475This assignment focuses on bitcoin as a possible replacement for the dollar and other currencies.
-Explain the functions of money.
-Explain the two objectives of the Federal Reserve in managing the U.S. money supply, and how it adjusts the money supply to meet them.
-What functions of money are served by bitcoin?
-For you as an individual, what are the drawbacks or risks of bitcoin, as compared to using the U.S. dollar?
-Do you think that bitcoin can be useful for an economy, such as the U.S. economy?
-Finally, at the conclusion of your paper please include a brief statement reflecting on what you feel you have learned from the assignment and how that learning may be applied to your life or work going forward.
-Must be a total of 800 to 1200 words
-Include a bibliography with at least two references
-APA format, 12 ft, Times New Roman
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