1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ki77a [65]
2 years ago
7

keeping in view the current dip in the crypto currency market. define how the economic principles of demand and scarcity relate

to it?
Law
1 answer:
Reika [66]2 years ago
4 0

cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.

Explanation:

KEY TAKEAWAYS

A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities.The word “cryptocurrency” is derived from the encryption techniques which are used to secure the network.Blockchains, which are organizational methods for ensuring the integrity of transactional data, are an essential component of many cryptocurrencies.Many experts believe that blockchain and related technology will disrupt many industries, including finance and law. Cryptocurrencies face criticism for a number of reasons, including their use for illegal activities, exchange rate volatility, and vulnerabilities of the infrastructure underlying them. However, they also have been praised for their portability, divisibility, inflation resistance, and transparency.

You might be interested in
FAST Which is the best reason for why it is important to keep personal information private online?
Leona [35]

Answer:

I thank the best one would be to prevent others from using it dishonestly

Explanation:

if someone uses your information it not just hurt you but the people around you its safe to keep your personal information personal

3 0
3 years ago
Read 2 more answers
The conversation below took place between two U.S. citizens.
Arte-miy333 [17]

Answer:

2.freedom of speech

Explanation:

Kevin and Peggy are saying what they think about Police

5 0
1 year ago
Which of the following is NOT a responsibility of the Judicial Branch?
Vesna [10]

Answer:I believe it’s either amend the US Constitution or Resolve disputed between the states

Explanation:

7 0
2 years ago
Poll taxes were designed to :
wlad13 [49]

Answer:

back then African Americans we're not respected so I guess I hope this helps!

7 0
2 years ago
Read 2 more answers
What do you think of my opinion of gadgets used by the police? Explain your answer!
Anna11 [10]

Answer:

good,because everything is explained and correct

Explanation:

HOW DID U GET TO WRITE ALL OF THAT?

5 0
2 years ago
Read 2 more answers
Other questions:
  • Which of the following statements about the partnership is TRUE? *
    7·1 answer
  • Can a 14 year old have a fishing license in Kentucky
    10·2 answers
  • What if you were able to make changes which assisted in the deterrence of prison violence? Discuss what you would change and why
    6·1 answer
  • If the house impeaches the president and he goes on trial in the senate. True or False
    8·1 answer
  • Lethal force is limited to the use of a firearm.<br> A. True<br> B. False
    11·2 answers
  • What is one role of Congress in determining the federal budget?
    15·1 answer
  • BRAINLIEST!!
    10·1 answer
  • Mention two legal obligation
    9·1 answer
  • Describe the ways courts handle contracts for which a required license is missing.
    5·1 answer
  • Represento es have the responsibility to __
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!