Since Bitcoin uses blockchain technology and is cheaper than the traditional way of doing business, why is

Question:

Since Bitcoin uses blockchain technology and is cheaper than the traditional way of doing business, why is Bitcoin not accepted by many government agencies?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Accounting Information Systems

ISBN: 9781260571080

3rd International Edition

Authors: Vernon Richardson

See More Books

Question Posted: Nov 25, 2022 03:05 AM

See More Questions

Many ecologists and resource scientists work for government agencies to study resources and resource management. Do these scientists serve the public best if they try to do pure science, or if they...
Why is it widely accepted that the government is responsible for dealing with externalities?
Why is ABC usually considered more accurate than traditional costing methods?
You mentioned that Amazon has sustainability topics within us supply chain. How we deal with the criticism that Amazon itself tribute to overconsumption that's antithetical to sustainability
On February 13, Mr. Dega invested $75,000 in TIPS paying 3.5 percent yearly interest. During the year, Mr. Dega received two cash interest payments totaling $2,742. On December 31, the adjusted...
Using the graph of f (x) in Figure 10, show the graph of a f (x) where a satisfies the given condition. 1 < a Figure 10 y=f(x) X
Its Intoxicating Inc., is a Pennsylvania corporation that manufactures and distributes cosmetic products to various retailers. Maritim is a German company that owns and operates hotels throughout...
In 1987, Herman Moore Company completed the construction of a building at a cost of $2,000,000 and first occupied it in January 1988. It was estimated that the building will have a useful life of 40...
No Excel solution required Derive a formula that calculates the present value of an annuity that pays $1376 pa quarterly in perpetuity given an annual effective rate of interest of 3.7%. What is the...
Heat capacity of layer lattice (a) Consider a dielectric crystal made up of layers of atoms, with rigid coupling between layers so that the motion of the atoms is restricted to the plane of the...
Which feature cannot be found in Bitcoin? a. Double spend b. Anyone can join and leave the Bitcoin network at any time c. Immutable history of transactions d. A new block is added every 10 minutes
Which of the following statements is true? a. Because blockchain transactions are stored in chronological order, you may trace a block from an earlier transaction block to the most recent block in...
Provide an example of both a general and a specific intent crime. Explain your answer.
Find all equilibrium points of the given system and determine whether we have linear stability at them or not. x' 1 - ey y' = 1- x x sin y =
Describe some of the benefits of e-procurement with example.
1 What is the primary driver when budgeting CapEx? 2 What is the primary driver when budgeting OpEx? 3 What is the primary driver when budgeting COGS? 4 Which account category is used for...
The stock market data of KIRI, KNR and Nifty 50 values are given below for different dates. You are required to analyse these 2 stocks from risk, return and CAPM return point of view and find the...
You are standing on a sheet of ice that covers the football stadium parking lot in Buffalo; there is negligible friction between your feet and the ice. A friend throws you a 0.430 kg ball that is...
Define the line of apsides.
Government is advised to tax goods whose demand curves are inelastic if the goal is to raise tax revenues. If the goal is to discourage consumption, then it ought to tax goods whose demand curves are...
This short problem is a continuation of SP 5-1. Using the E-R diagram in from SP 5-1, write a description for each of the relationships in the diagram. In your description, include the cardinalities....
This short problem is a continuation of SP 5-1. Using the E-R diagram in from SP 5-1, write a description for each of the relationships in the diagram. In your description, include the cardinalities....
This short problem is a continuation of SP 5-1. Implement the E- R diagram from SP 5-1 as tables in a database software package, such as Access. Once the tables are created, link the tables together...
What is Google Analytics? Why is Google Analytics important? What kind of data can I track with Google Analytics? How do I set up Google Analytics for my website? What is a tracking code? What is a...
What is process technology? What are the key components of a process? What is process control? What is process automation? What is a process flow diagram? What is process simulation? What is process...
1. What is Material Resource Planning (MRP)? 2. What are the key components of an MRP system? 3. What is the role of the master production schedule in MRP? 4. What is the bill of materials in MRP? 5....

Since Bitcoin uses blockchain technology and is cheaper than the traditional way of doing business, why is

Question:

Step by Step Answer:

Bitcoin is not accepted by many government agencies ...View the full answer

Accounting Information Systems

Students also viewed these Business questions