It takes the average reader 1 hour and 54 minutes to read Is Bitcoin money? Application of characteristics and functions of money to Bitcoin by Tim Clarke
Assuming a reading speed of 250 words per minute. Learn more
Master's Thesis from the year 2020 in the subject Economics - Monetary theory and policy, grade: 2,3, University of Paderborn (Economics), course: Master, language: English, abstract: This paper examines whether characteristics and functions of money can be applied to Bitcoin. By publishing the whitepaper of Bitcoin in 2008, Satoshi Nakamoto started the story of Bitcoin. It is not just a question whether Bitcoin works as promised to as "a peer-to-peer decentralized virtual currency". It is much more a question of it being accepted by people in general. The fact that various forms and definitions of money have existed throughout history, an approach to apply characteristics and functions of money to Bitcoin is needed, in order to clarify if it can be seen as an alternative form of money. However, due to the fact that sovereign states have already established rules and regulations in regard to currencies and money, the institutions will also assess how to essentially classify Bitcoin, as it is already too big to be ignored.
Is Bitcoin money? Application of characteristics and functions of money to Bitcoin by Tim Clarke is 113 pages long, and a total of 28,589 words.
This makes it 38% the length of the average book. It also has 35% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 36 minutes to read Is Bitcoin money? Application of characteristics and functions of money to Bitcoin aloud.
Is Bitcoin money? Application of characteristics and functions of money to Bitcoin is suitable for students ages 10 and up.
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