1. Write an overview on Blockchain and Cryptocurrencies. (Hint: it is required to define, past conceptual understanding, current application and future orientation)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question
QUESTIONS:
1.
2.
3.
4.
Write an overview on Blockchain and Cryptocurrencies.
(Hint: it is required to define, past conceptual understanding, current application and
future orientation)
There is a fixed limit on the number of Bitcoins that can be mined. Today Bitcoin is
estimated capped at 21 million unit. Discuss the intrinsic value of Bitcoin with value
sustainability for long term.
(Hint :demand, supply, volatility, sustainability and value of bitcoin)
Business organizations, from financial management businesses to non-profit fundraising
groups, are examining the best way to integrate cryptocurrency use into their operational
strategies. Explain the benefits of cryptocurrencies for business organization.
(Hint: adoption, benefits and future of cryptocurrencies in business organization)
Ask the Twitterverse whether Bitcoin is a good investment and you'll get too very
different answers. First, the early adopters love to tell everybody when they first bought
(or mined) Bitcoin. If they bought it any time earlier than a few minutes ago, they've
probably made a fortune. Then there are the value investors who see Bitcoin as nothing
more than "artificial gold," as Charlie Munger describes the cryptocurrency. In his view,
Bitcoin is nothing more than "total insanity". Discuss the advantages and disadvantages
of Bitcoin.
Transcribed Image Text:QUESTIONS: 1. 2. 3. 4. Write an overview on Blockchain and Cryptocurrencies. (Hint: it is required to define, past conceptual understanding, current application and future orientation) There is a fixed limit on the number of Bitcoins that can be mined. Today Bitcoin is estimated capped at 21 million unit. Discuss the intrinsic value of Bitcoin with value sustainability for long term. (Hint :demand, supply, volatility, sustainability and value of bitcoin) Business organizations, from financial management businesses to non-profit fundraising groups, are examining the best way to integrate cryptocurrency use into their operational strategies. Explain the benefits of cryptocurrencies for business organization. (Hint: adoption, benefits and future of cryptocurrencies in business organization) Ask the Twitterverse whether Bitcoin is a good investment and you'll get too very different answers. First, the early adopters love to tell everybody when they first bought (or mined) Bitcoin. If they bought it any time earlier than a few minutes ago, they've probably made a fortune. Then there are the value investors who see Bitcoin as nothing more than "artificial gold," as Charlie Munger describes the cryptocurrency. In his view, Bitcoin is nothing more than "total insanity". Discuss the advantages and disadvantages of Bitcoin.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Alternative Investments
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education