Q

UESTION

identify two major companies that have adopted Bitcoin technology as well as one that has refused accepting Bitcoin as a form of currency

Data Science And Big Data: Bitcoin Economics

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). 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.
  • 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.

A

NSWER


   No. Of Words: 1693
   Pages 6.772
   Type: Essay
   Price: $15.00

Data Science xxxxxx Data Analytics

Name of university

Name of student

Course

Professor’s name

Date

Data Science xxxxxx Data Analytics

Introduction

Bitcoin is a new trend in xxxxxx business world under xxxxxx blockchain technology xxxxxx deals with online transaction of money. Bitcoin xxxxxx first introduced to xxxxxx public domain in October 2008 by Satoshi Nakamoto xxxxxx later xxxxxx xxxxxx year it xxxxxx availxxxxxx xxxxxx use by xxxxxx public. A Bitcoin netxxxxxx xxxxxx xxxxxxmed xxxxxx xxxxxxed xxxxxx linking of computers xxxxxx a netxxxxxx xxxxxx xxxxxxever geographical location, xxxxxx xxxxxx xxxxxx popularity started growing rapidly with xxxxxx companies xxxxxx individuals opting xxxxxx xxxxxx cryptocurrency. It xxxxxx grown to be xxxxxx xxxxxxst xxxxxx xxxxxx accepted cryptocurrency in xxxxxx world today (Atzei et al., 2018).

With xxxxxx rising xxxxxx xxxxxx a safer xxxxxxm of transaction xxxxxx is free xxxxxx fraud xxxxxx cyber-attacks, Bitcoin xxxxxx proven to be a secure xxxxxxm of transaction. It is a decentralized system xxxxxx does not xxxxxx headquarters nor central controller, operating on a peer to peer netxxxxxx. Exxxxxx computer in xxxxxx Bitcoin netxxxxxx hol