This week’s reading centered around Bitcoin Economics. 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 to accept 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).
Requirements:
Be approximately four pages in length, not including the required cover page and reference page.
Your paper should include an introduction, a body with fully developed content, and a conclusion.
