1. Could Bitcoin be the Money in the future? Y or N and why? 2: If Bitcoin...

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1. Could Bitcoin be the Money in the future? Y or N and why?

2: If Bitcoin would be the dominant means of transaction globally, does the cost of transaction increase or decrease globally? Y or N, and why?

3: Since cryptocurrency is not issued by a central bank or backed by a federal government, there is no interference from the government. Agree or Not and Why?

watch this video( https://youtu.be/41JCpzvnn_0) and reply these questions above

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 11, 2024 06:23 AM

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1. Could Bitcoin be the Money in the future? Y or N and why? 2: If Bitcoin...

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Expert Answer:

Yes Bitcoin could potentially be the money of the future The video explains that Bitcoin is decentra... View the full answer

Microeconomics An Intuitive Approach with Calculus

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