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Analysis of Bitcoin as a Worldwide Currency

Bitcoin, a cryptocurrency, has been the topic of many debates since its conception, on whether it should be considered as a viable worldwide currency for international trade. Bitcoin is a type of currency known as cryptocurrency; it is an all virtual currency that can be used at some online shops and to pay bills from a few different companies. Bitcoin should not be consider a viable worldwide currency for international trade, with its lack of a standard to back it up, whether it would have been by gold or silver. The non-supporters, of using the Bitcoin as a worldwide currency, argue against the Bitcoin by saying the currency is not very stable. In Christopher Matthews’ 2014 Time Magazine article, he states, “On December 6th and 7th of last year, the value of one Bitcoin fell from $1200 to $600 in the course of 48 hours. The non-supporter of the Bitcoin currency would use this example of a value drop to deface the value of the Bitcoin, because if a company were to store all of its wealth in the bitcoin currency and the currency had another drop like that forty-eight hour period in December of 2013, the company could face bankruptcy as stated by Christopher Matthews in his 2014 Time Magazine article. (Matthews, 2014, Paragraph 6) Most people seem to find the currency as more of gambling or the stock market then a currency to use for shopping, because of its spontaneous drop and rises of value. Besides the lack of stability of value in Bitcoins, non-supporters of the cryptocurrency argue that the currency is not protected well, according to Erin Negley, Hackers are a problem when it comes to the Bitcoin system; he feels hardly anything was done when hackers hacked into a Bitcoin Market and stole billons of the cryptocurrency. Non-Supporters of the Bitcoin system feel there is a lack of traceable information, so it could be used to act out acts of terror by terrorist. One person who is intrigue with the use of Bitcoin, Judy Walker, says some people feel Bitcoins are a lot safer than credit or debit cards because there is a lot less personal information stored in the records for Bitcoin accounts. Another reason supporters feel that Bitcoins should be more widely used as a worldwide currency is that international transaction, such as sending money to someone in another country, in their opinion is a lot easier and faster using Bitcoins over transferring country by country currency that would have to be transferred into a different currency and cause fees to be charged. Judy Walker is intrigued by the Bitcoin, but she says she would rather stay with the dollar for now. Marc Andreessen, a supporter of Bitcoins, states in his 2014 New York Times article that he feels the Bitcoin is a lot more consumer friendly because of the lack of fees for transfers, that banks would have charged the consumer. He also states in the 2014 New York Times article, He feels the use of Bitcoin would bring underdeveloped countries into the modern world when it comes to economical standards set by the first world countries. He also thinks that Bitcoins could help the “underbanked” citizens in the United States by having lower fees then the conventional banking systems offer. Andressen later states his opinion on an issue that the non-supporters of Bitcoin express, “Finally, I’d like to address the claim made by some critics that Bitcoin is a haven for bad behavior, for criminals and terrorists to transfer money anonymously with impunity. This is a myth, fostered mostly by sensationalistic press coverage and an incomplete understanding of the technology. Much like email, which is quite traceable, Bitcoin is pseudonymous, not anonymous. Further, every transaction in the Bitcoin network is tracked and logged forever in the Bitcoin blockchain, or permanent record, available for all to see. As a result, Bitcoin is considerably easier for law enforcement to trace than cash, gold or diamonds.”(Andressen, paragraph 31) There are many different points of views when it comes to the Bitcoin system being used as a worldwide currency. The non-supporters, who feel it should not be used as a worldwide currency, state that the system is not very reliable when it comes to value, and the system is not very secured as nothing was done when billons of Bitcoins were stolen from a Bitcoin market. The supporters, who feel the Bitcoin should be used as a worldwide currency, state that the system is more secure because it does not require information about the consumer to be release to the buyer as that of a debit or credit card would. The supporters also feel that the Bitcoin would make international trading easier, making it easier to send money to family members back in another country, and would help the “underbanked” citizens of the United States by having lower fees than that of a conventional banking system. The Bitcoin system is a system that does not have a standard to back it up, the value increases and decreases rapidly; therefore the system should not be used for a worldwide currency. Annotated Bibliography Andreessen, Marc. “Why Bitcoin Matters.” New York Times, January 21, 2014, www.nytimes.com. Andreessen discusses the history of the bitcoin from conception to present. The article includes information on what a bitcoin is and how the currency is valued. He gives facts, with information to back those facts up. An obvious plus of this article is that, the author uses both arguments for and against the use of bitcoins virtual cryptocurrency as a worldwide currency; he does use expressive words when discussing the opinions of both sides. Because of the use of opinions in this article, care would be needed to stay unbiased when taking things from this source. This source would be overall an okay source to use for a research paper. CHAFKIN, MAX. “CAN BITCOIN CLEAN UP ITS ACT? (Cover Story).” Details 33.4 (2015): 94. MasterFILE Complete. Web. 23 Mar. 2015. This article is on the virtual cryptocurrency, called Bitcoin. The article goes over the beginnings of the international conference series Coin Congress, the assistance for finances offered by Crypto Currency Partners for bitcoins startup, and plans of hackers. He goes over how the leaders of the bitcoin movement are now being shut out by the elite member of American Society, where at the beginning it was mostly used by hackers, drug dealers, and illegal arms traffickers. This article is okay to use, but the writer of a research paper would need to be carefully when using direct quotes from the article. Matthews, Christopher. “Why Economists Are Right to Hate on Bitcoin.” Time, January 3, 2014, www.time.com. This article is based around the cons of using Bitcoins as a currency. The author uses financial records and his background in the financial world to show his statements are able to be backed up. He states that businesses would not want to use the bitcoin virtual currency because the currency is not very stable. The currency value dropped 600 dollars in the matter of two days which would have caused any businesses to be on the verge of financial collapse if they had store their revenues in bitcoins. He does state the opposite sides opinions and answers them with his own response. The author does a good job at stating facts and when he says his opinion it is quite obvious that it is an opinion. I believe if the writer of the research paper is careful this would be a good source to use for the research paper. Negley, Erin. “Bitcoin basics.” Reading Eagle (PA) 01 June 2014: Points of View Reference Center. Web. 23 Mar. 2015. The author explains that bitcoins are a cryptocurrency. He provides an overview of the mining system used for bitcoins. He states that little is done when hackers hack the system, taking billions of the virtual currency known as bitcoins. He provides an overview of the markets used to exchange the cryptocurrency. The article provides both the benefits, that those who agree with the bitcoin virtual currency system uses to support their belief, and the drawbacks, that those who disagree with the bitcoin virtual currency system uses to support their beliefs. The article provides information about where you can use the bitcoins, both in online stores and brick and mortar businesses. He goes over the potential that bitcoins have. He uses very little expressive language in the parts of his article consisting of pure facts, but there are spots where he uses people opinions and those have expressive language in those opinions. He uses facts and opinions used by both sides, those who agree and disagree with the bitcoin system, this would be a great source to use for a research paper. Walker, Judy. “Bitcoins: The Future Of Money?.” Faces 31.6 (2015): 20. MasterFILE Complete. Web. 23 Mar. 2015. The author provides information on bitcoins, and she mentions that bitcoin are a form of money used on online shopping. She later states that bitcoins can be used to exchange for goods and services also at brick and mortar business in everyday life. He also states that some consumers feel better about using bitcoins over credit cards and debit cards, because little information is needed about the consumer. The use of bitcoins also makes international trading easier. The author uses more facts than opinions, but states opinions supporting bitcoins as a virtual currency are stated. A drawback of this source is the lack of opposing views, the author states those opinion that only agree with the use of bitcoin virtual cryptocurrency. This could be a source to use for a paper, however care would be needed to make sure the use of opinions in this article are not transferred to the research paper, as a fact because this would be bias.
What is being an American.

Having achieved their independence, Americans spent the next 50 years (well, maybe the next200+ years) debating what it meant to be an “American.” Based on the primary sources in chapters 6-8 (and 10 if you want), discuss one (or more) of the following:1. What do you think were the characteristics of an American? 2. How did people of the time agree or disagree on what it meant to be an American? (Was there no such thing as an American?)3. How did excluded groups try to demonstrate that they were American?4. We think of America as a democracy. Is that an accurate assessment? How do the documents address the idea of democracy?Write a 3-4 page paper addressing one or more of the prompts above (you should not address them all. I would concentrate on 1 or maybe 2 of them.) There is no right or wrong answer. However, to address the prompts, you will need to make an argument. And, you will earn a grade based on the quality of your argument (and within your paper, you should underline your argument/thesis), which in turn will be based on your ability to use the primary sources effectively. You do not need to use all of the sources (that would be impossible). You do need to use more than one source (and you should use sources from more than one chapter). I do not put a number (as in “use at least 5 sources”) because then everyone uses 5 sources and assumes that they will earn an A.I would advise against using other primary sources. Your grade will be based on how you use Voices of Freedom. Also, you may use secondary sources such as my lectures, the textbook, etc. to strengthen your argument. Nevertheless, your paper must be grounded in primary sources.
What is being an American

Would you be able to take a business stats test for me. You have completed some of my past assignments, it will be the same type. we can either set it up on teamviewer or I can send you a screenshot of the test and you can send the answers to me. the test is 120 minutes,, just let me know the pricing
Chemistry homework help. For this week’s assignment, create a psychoeducational pamphlet for parents to prepare them for an IEP meeting with their child. Provide basic information about IEPs and related procedures in your pamphlet,Psychoeducational pamphlet for parents to prepare them for an IEP,For this week’s assignment, create a psychoeducational pamphlet for parents to prepare them for ,an, IEP meeting with their child. Provide basic information about IEPs and related procedures in your pamphlet, including a Frequently Asked Questions (FAQs) section. This section should have a minimum of 10 questions with brief answers that you will write after reviewing the assigned readings for this week.,The guide should be clear, easy to read and helpful to the parents attending their first IEP meeting. Use any of the resources you examined this week to point the client to further information that might be helpful to them. Include a bulleted list of resources for parents in your pamphlet in case they need more support or information.,Support your assignment with at least three scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included., Length: 5-7 pages, not including title and reference pages, Resources: Minimum of three scholarly resources, Your assignment should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere University’s Academic Integrity Policy., Upload your document and click the Submit to Dropbox button.,More details;,How do you prepare for an IEP?,Here are nine steps to make sure your are prepared for your child’s IEP:,Firstly, Review Your Child’s Progress Reports. …,Secondly, Research IEP Goals. …,Thirdly, Select Achievable Goals. …,Fourthly, Prep The Teachers. …,Further, Include Social Goals. …,Also, Get a rough draft of the IEP. …,Additionally, Review & Compare. …,Lastly, Return The Revised Draft.Chemistry homework help

Choosing a partnership as a tax entity has consequences, and those consequences often are different than those that arise from choosing the corporate form. Many of these consequences can be quite dramatic, particularly if the business goes sour or if cata

Choosing a partnership as a tax entity has consequences, and those consequences often are different than those that arise from choosing the corporate form. Many of these consequences can be quite dramatic, particularly if the business goes sour or if cata. I’m stuck on a Writing question and need an explanation.

Choosing a partnership as a tax entity has consequences, and those consequences often are different than those that arise from choosing the corporate form. Many of these consequences can be quite dramatic, particularly if the business goes sour or if catastrophic, unforeseen circumstances arise, and many of them don’t have a thing to do with taxes. What are some of the more significant non-tax consequences of choosing the partnership form? Which ones do you think are the most important, and why?

Choosing a partnership as a tax entity has consequences, and those consequences often are different than those that arise from choosing the corporate form. Many of these consequences can be quite dramatic, particularly if the business goes sour or if cata

San Diego State University Dimensions of Culture Program Discussion

essay help online free San Diego State University Dimensions of Culture Program Discussion.

I’m working on a english writing question and need support to help me study.

Step 1:Locate the argumentative research outline you started when you outlined your Environmental Scan portions of the paper.Using that same outline that you started, fill in the outline with the content for the Root Cause and History Portions of your argumentative essay ONLY. This is Sections IIA & IIB on the outline. We will build the remaining components of the essay as we progress through the next several weeks. The outline should be thorough and should include the evidence from your scan, cited in proper MLA format.
San Diego State University Dimensions of Culture Program Discussion

HCA 407 Stratford University Federally Funded Health Centre Program Discussion

HCA 407 Stratford University Federally Funded Health Centre Program Discussion.

LessonundefinedundefinedActivity 1: Case Study:THE FEDERALLY FUNDED HEALTH CENTER PROGRAM: PROVIDING ACCESS, OVERCOMING DISPARITIES (in chapter 5)undefinedTogether read the case. undefinedResearch the federally funded health center program.A good place to begin is with HRSA http://bphc.hrsa.gov/ undefinedOn the basis of your research of the federally funded health center program and its achievements, answer the following questions:undefinedWhat is a federally funded health center?Provide examples of recent studies that demonstrate the value of the HC program.Are HCs sufficient to address the lack of access of diverse and vulnerable populations?How can HCs prepare for future challenges?What does it take to become a federally supported Community Health Center?What policies regulate these clinics?undefinedActivity 2: DesignundefinedDesign the clinic layout. This will affect policies such as meeting HIPAA regulations, electronic records compliance, patient privacy an security, staff protection.undefinedDoes it matter where the bathroom is located or how many there are? What about access into the clinic? What policies regulate this? undefinedMake the clinic diagram first on paper. Indicate what each room is, whether it is for special procedures, where medical personnel work and break, where the access is, bathrooms, waiting area, etc.undefinedActivity 3: Plan for Shortage of Professional PersonnelundefinedDevelop a plan to deal with the issue in the proposed clinic location of the shortage of doctors, nurses, etc.Make is specific. What is the problem? What do you propose to do to deal with the problem? How will it work? Will itmeet current policy for care delivery?What happens after hours?undefinedProject Assignment:undefinedWith your team develop policies for reimbursement; financing of operations: and delivery of care.Also develop policies on hours of services, after hours’ services, accessibility, any contractual agreements, financial management and control, billing, and governing board.
HCA 407 Stratford University Federally Funded Health Centre Program Discussion

COMM 110 Southern New Hampshire University Managing Conflict Discussion

COMM 110 Southern New Hampshire University Managing Conflict Discussion.

I’m working on a communications project and need support to help me learn.

CompetencyIn this project, you will demonstrate your mastery of the following competencies:Determine appropriate ways to communicate information to internal and external stakeholdersApply communication techniques to effectively negotiate and manage conflictScenarioYou are the manager of a team of 10 software developers working on a new application for your company, Optimum Way Development, which is based out of Raleigh, North Carolina. Your organization recently acquired a smaller software company based in San Jose, California. You have been informed that your team will be bringing on five people from this newly acquired company; all five people will be moving to Raleigh to join your team.You schedule a phone call with the five new team members and discover that they are upset about the recent impersonal message they received from human resources informing them that they would have to relocate to Raleigh in order to stay employed; no one expressed excitement about joining the team. During this conversation, you also discover that many of the new team members have more education and experience than the people currently on your team. Based on the conversation, you notice that most of these team members are likely older than you, whereas all of the current Raleigh team members are younger than you.After the call, one of your current senior team members approaches you about rumors that are circulating concerning the Raleigh team being required to train the new team members from San Jose. They heard that there are plans to eliminate positions and are concerned the new hires will ultimately be taking their positions.The director who oversees your division has requested that you create and present a recommendation report that documents your plans for managing the conflicts that currently exist or may arise on your team. The director has an advanced degree in a computer science-related field and has worked in technology for over a decade.DirectionsIn order to identify and resolve existing and future conflicts, you have been asked to compose and present your plan for managing conflict for this project. In addition to identifying and resolving the conflicts, you are also responsible for keeping the development of the new application moving forward by continuing to meet scheduled milestones.To do this, you will create a recommendation report and corresponding presentation. The audience for both deliverables is your director. As you create your report and presentation, remember to use communication techniques and platforms that are appropriate for your audience’s preferences and motivations.Both deliverables should be based on the above scenario and include the following:To start, explain the major elements of the software application, including background, audience, functions, and features.Next, explain the areas of conflict for the team. Make sure to include contributing factors and the possible impacts.Articulate the desired outcome of any conflict resolution activities.How would you like to see this conflict resolved?What is the “best-case” scenario?Recommend action steps for managing areas of possible conflict with a detailed explanation on how the action steps contribute to conflict resolution.In the presentation only, use dialogue to communicate the appropriate main ideas to the audience. Although you will not give this presentation over video, you should use the speaker’s notes section in PowerPoint to write the accompanying speech.What to SubmitTo complete this project, you must submit the following:Recommendation ReportYour report should be at least 2 full pages in length (not including a title page), single-spaced and submitted as either a Word document or PDF. Outside resources are not required, but any resources used must be appropriately cited using APA style. You may use the Recommendation Report Template for this submission.PresentationYour presentation should be in a presentation format (such as PowerPoint) and provide an overview of the main ideas from the recommendation report. Using the speaker’s notes section of PowerPoint, include the speech that would accompany the presentation. Outside resources are not required, but any resources used must be appropriately cited using APA style.Supporting MaterialsThe following resource(s) may help support your work on the project:Resource: Software Design DocumentsUse one of these software design documents to summarize the application in your report and presentation.Shapiro Library Resource: APA StyleThis Shapiro Library guide goes over the basics of APA-style formatting and citations.Project Two RubricCriteriaExemplary (100%)Proficient (85%)Needs Improvement (55%)Not Evident (0%)ValueApplicationExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains the major elements of a software application, including background, audience, functions, and featuresShows progress toward proficiency, but with errors or omissions; areas for improvement may include addressing additional elements of the application or providing additional detail to some sectionsDoes not attempt criterion15Conflict FactorsExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains the areas of conflict, including contributing factors and the possible impactsShows progress toward proficiency, but with errors or omissions; areas for improvement may include discussing missed action steps or further developing explanationDoes not attempt criterion15Conflict ResolutionExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerArticulates the desired outcome of conflict resolution activitiesShows progress toward proficiency, but with errors or omissions; areas for improvement may include further developing the desired outcomeDoes not attempt criterion15Action StepsExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerRecommends action steps for managing areas of possible conflict with detailed explanation on how the action steps contribute to conflict resolutionShows progress toward proficiency, but with errors or omissions; areas for improvement may include discussing missed action steps or further developing explanationDoes not attempt criterion15AudienceExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerUses communication techniques and platforms that are appropriate for the audience’s preferences and motivationsShows progress toward proficiency, but with errors or omissions; areas for improvement may include changing language or composition to meet the needs of the audienceDoes not attempt criterion15MessagingExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerUses dialogue to communicate the appropriate main ideas to the audienceShows progress toward proficiency, but with errors or omissions; areas for improvement may include selecting too many, too few, or unnecessary main ideasDoes not attempt criterion15Articulation of ResponseExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerClearly conveys meaning with correct grammar, sentence structure, and spelling, demonstrating an understanding of audience and purposeShows progress toward proficiency, but with errors in grammar, sentence structure, and spelling, negatively impacting readabilitySubmission has critical errors in grammar, sentence structure, and spelling, preventing understanding of ideas5Citations and AttributionsAttributes sources where applicable using citation methods with very few minor errorsAttributes sources where applicable, but with consistent minor errorsAttributes sources where applicable, but with major errorsDoes not attribute sources where applicable5Total:100%
COMM 110 Southern New Hampshire University Managing Conflict Discussion

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