Essentials of Business Communication (MindTap Course List)
11th Edition
ISBN: 9781337386494
Author: Mary Ellen Guffey, Dana Loewy
Publisher: Cengage Learning
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Chapter 12, Problem 12.14AAC
Summary Introduction
To determine:
What is Bitcoin and why are banks and law enforcement authorities concerned about it?
Introduction:
Bitcoin is a digital currency or a cryptocurrency. A Bitcoin unlike fiat is mined and stored in digital wallets. A Bitcoin is a decentralized digital currency and is said to the most valuable among all the cryptocurrencies.
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