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People often say that the gold standard is unworkable because there is not enough gold in circulation to back up the value of all the cash assets now stored in banks. Did it matter to frontier stores that the American dollar was backed by gold?

American Frontier First, read the case Money and Credit on the American Frontier. Additional readings (not required, but recommended by the case study’s author) Michener, R. (2011, January 13). Money in the American colonies. Retrieved from http://eh.net/encyclopedia/money-in-the-american-colonies/ Schweikart, L. (2001, January 1). The non-existent frontier bank robbery. Retrieved from https://fee.org/articles/the-non-existent-frontier-bank-robbery/ Second, answer the questions below. […]

Briefly present a history of the technology, functionality, and how the digital currency markets work today.How are current financial institutions participating/threatened by the technology? What are their responses?

Future Impact of Digital Currencies on Financial Institutions Write a 6-8 paper on: Research blockchain and digital currencies and project the potential impact on financial markets and institutions in the future. Specifically: · Briefly present a history of the technology, functionality, and how the digital currency markets work today. · How are current financial institutions […]

Do you think Bitcoin will have the impact that Bretton Woods system had on the world currency?

1. How might the success of Bitcoin and other cryptocurrencies impact the future of international business transactions? 2. Do you think Bitcoin (or some other type of cryptocurrency) is likely to replace some of the major currencies such as the U.S. dollar, The British Pound, or the Euro in the next 5 years? 3. Do […]

Critically evaluate the above editorial comment. Use tables, charts, and any relevant online resources to support your arguments.

“Bitcoin promises to be digital gold: safe, valuable, and rare. That could explain much of the cryptocurrency’s rally over the past year. Unfortunately, like gold, bitcoin’s status as a safe haven is more theoretical than anything else. Rather than stability it offers investors volatility and a chance to speculate on the market’s sentiment towards the […]

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