25 Aug What are the similarities between money issued by a central bank and Bitcoin?
What are the similarities between money issued by a central bank and Bitcoin? What
are some reasons Bitcoin may not be able to replace money issued by a central bank in
the near future? Is your answer generalizable to other crypto-currencies?
The details are including in the attachment files.
Requirements: 1 A4 page
FINC5090-FinanceinGlobalEconomyWeek2:WeeklyAssignmentOutlineSemester2,20231
1Instructions1.Readtheinstructionscarefully.2.Thisassignmentformspartofyourindividualassignment.3.TheDUEDATEis10SEPTEMBER2023asapartofyourindividualassignment.Thesubmissionlinkwillstopacceptingsubmissionsat23:59onthesubmissiondate.DONOTsendyourworkviaemailifyoumissthedeadline.4.Plagiarismisaseriousacademicoffenseandwillresultinzeromarksanddisci-plinaryaction.5.MakesureyouwriteyourcorrectStudentIDasthepageheader.StudentIDuniquelyidentifiesanauthor,anditisimportantthatthemarkerknowstheau-thorofanassignment.6.SubmityourassignmentinPDFformatonly.2
2Task1WhatarethesimilaritiesbetweenmoneyissuedbyacentralbankandBitcoin?WhataresomereasonsBitcoinmaynotbeabletoreplacemoneyissuedbyacentralbankinthenearfuture?Isyouranswergeneralizabletoothercrypto-currencies?1.Write-uplimit:uptooneA4-sizedpage.2.Writeinsingle-spaced,TimesNewRomanFont,fontsize12.Thepagemarginsshouldbe2.5cm(top,bottom,leftandright).3.Thisquestionisanopen-endedquestionandisanopportunityforsomeself-learningaboutnewdevelopments.4.Readthequestioncarefully.Bearticulate,andmakesuretolinkyourresearchonthetopictothecontentsoftheWeek2lecture.5.Re-readpoint4.6.Complywithpoint4.7.Youmaygoastepbeyond.Youmaybaseallorpartofyourwrite-upondataanalysis(ofanysortthatservesyourpurpose).Ifyoudothis,youareallowedupto2A4pages(single-sided)intheappendix.Thecontentsoftheappendixshouldbelegible.Thesepagesmaybeusedtopresenttheworkbasedonwhichyoupresentyourargument(s)inansweringthistask.8.Youshouldnotpresentanewspaper-stylestory.Thistaskisacademicwork,andyourworkshouldreflectthediligencethataccompaniesthatkindofwork.Anystatementthatisnotafactmustbeaccompaniedbyacitationormustbebasedonsomeanalysis.9.Re-readpoints4and8.1
