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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).

Your paper should meet the following requirements:

  • Be approximately four to six pages in length, not including the required cover page and reference page.
  • Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.

Required Reading:

Alejandro Mario Hernandez. (2019). Blockchain security as a global disruption for bitcoin and other applications. Revista Abierta de Informática Aplicada, 3(2), 23–30.

Aparecido Maciel da Silva, W., Brasil Martins, N. C., de Andrade Miranda, I., Silva da Penha, R., & Reina, D. (2020). Cryptocurrencies and Finance: The Relationship between the Return of Bitcoin and the Main Digital Currencies. Brazilian Journal of Management / Revista de Administração Da UFSM, 13(2), 394–407. https://doi.org/10.5902/1983465930491

Pavlus, J. (2018). The World Bitcoin Created. Scientific American, 318(1), 32–37. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&AuthType=shib&db=buh&AN=126727561&site=eds-live 

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