This week’s reading centered around Bitcoin Economics.  For this  week’s research paper, search the Internet and explain why some  organizations are accepting and other organizations are rejecting the  use of Bitcoins as a standard form of currency.

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 Articles:

WALDO, J. (2019). A Hitchhiker’s Guide to the Blockchain Universe. Communications of the ACM, 62(3), 38–42. https://doi.org/10.1145/3303868

PAVLUS, J. (2018). The World Bitcoin Created. Scientific American, 318(1), 32–37. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&AuthType=shib&db=buh&AN=126727561&site=eds-live

Question:

This week’s reading centered around Bitcoin Economics.  For this  week’s research paper, search the Internet and explain why some  organizations are accepting and other organizations are rejecting the  use of Bitcoins as a standard form of currency.  Your paper needs to  identify two major companies that have adopted Bitcoin technology as  well as one that has refused accepting Bitcoin as a form of currency. Be  sure to discuss each organization, how they adopted (or why they won’t  adopt) Bitcoin, and what recommendations you have for them to continue  to support Bitcoin (or why they should support Bitcoin).

Your paper should meet these requirements:

  • Be approximately four to six pages in length, not including the required cover page and reference page.
  • Follow APA 7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.
  • Support your answers with the readings from the course and at  least two scholarly journal articles to support your positions, claims,  and observations, in addition to your textbook. The UC Library is a  great place to find resources.
  • Be clearly and well-written, concise, and logical, using excellent  grammar and style techniques. You are being graded in part on the  quality of your writing.