What do you know about bitcoin/cryptocurrency? What determines whether or not something can be considered money?

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What do you know about bitcoin/cryptocurrency?

What determines whether or not something can be considered "money"?

Based on which criteria do you think bitcoin qualifies as money? Is any/all cryptocurrency money? Explain.

Related Book For answer-question

Communicating as professionals

ISBN: 978-0170214971

3rd edition

Authors: Raymond Archee, Myra Gurney, Terry Mohan

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Posted Date: Jan 25, 2024 01:31 PM

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What do you know about bitcoin/cryptocurrency? What determines whether or not something can be considered money?

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Expert Answer:

Bitcoins Cryptocurrencies Bitcoins is one of the many cryptocurrencies and is a payment that involves digital currency instead of physical money These payments are recorded by the use of a blockchain ... View the full answer

Communicating as professionals

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