Crypto Currency Analysis: Regulations and Effect on Int'l Business
VerifiedAdded on 2023/06/12
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AI Summary
This report provides an overview of crypto currencies, exploring their increasing popularity, advantages, and disadvantages. It discusses the decentralized nature of crypto currencies like Bitcoin and their reliance on blockchain technology. The report analyzes the absence of a central regulatory body and the implications of this lack of oversight, including potential risks and benefits for international business. It examines the effects of crypto currencies on international trade, such as streamlining transactions, reducing inflation risks, and facilitating crowdfunding. The report concludes that crypto currencies have established a significant presence in the global economy but require careful consideration due to their unregulated nature.
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