Which of the below statements regarding cryptocurrencies is NOT mentioned or suggested as factors that give cryptocurrencies an advantage over traditional currencies?
Which of the below statements regarding cryptocurrencies is NOT mentioned or suggested as factors that give cryptocurrencies an advantage over traditional currencies?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Which of the below statements regarding cryptocurrencies is NOT mentioned or suggested as factors that give cryptocurrencies an advantage over traditional currencies?
Group of answer choices
Transactions carried out independently without the involvement of banking institutions or governments.
The value of cryptocurrencies is more stable and less volatile than the international exchange rate of the U.S. dollar.
Easy international business transactions because digital coins can overcome any border obstacle much faster and more easily than the traditional currency.
Its reduced cost for shipments sent abroad would be a consideration for free flowing global transactions and trade.
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