Discussion – The company’s managers to refuse Bitcoin in their transactions

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a) List ALL reasons you will use to persuade the company’s managers to refuse Bitcoin in their transactions. In your report, describe at least six points as the critical barriers or disadvantages of using Bitcoin( cryptocurrency) in current business transactions.

b)  What do you consider to be two key benefits associated with Bitcoin?

c) Moreover, in the last paragraph, compare and contrast possible advantages with risks and compose your reasoning on why the company should not adopt Bitcoin.

Explanation & Answer

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