Write 1-3 paragraphs that explain the followingwhat are, Ask an Expert

Finance

Write 1-3 paragraphs that explain the following:

What are digital or crypto-currencies? Note this assignment is not about electronic currencies, but digital or crypto currencies which are not currencies established by federal governments.

Why did they come about?

How do they work specifically?

Who uses them?

Part 2 (10 points)

Write 1-3 paragraphs that explain the following about digital currencies with respect to currencies issued by national governments:

How do they affect existing currencies from a monetary policy perspective of nations?

How do they change the demand curve for existing currencies?

Your assignment should use formal citation format and show good paragraph construction for full credit.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92757540

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