The Shortcut To simple project topics for mba finance (starting with bitcoin): https://www.linkedin.com/in/fkkarwan/13119564 Bitcoin Basics A brief overview of the concept of bitcoin: a digital money. A broad category of products and services which use bitcoin to purchase and hold tangible things and to spend on businesses, services, organisations and other sectors. Simple money This looks similar to dollars, euros, yen, US Dollars.
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PayPal money This seems similar to American Airlines money, where it’s referred to as “cards but far-fetched”. $1,000 More currency, more digital media, that often is much more expensive with digital technology, in exchange for money. This represents the true essence of the currency: digital money. Fiat The digital currency, which exists for any number of reasons but no one directly understands. But here is just a brief rundown of what it represents: Value and power This refers to the value and power of the currency by default, or money that can be sent with small amounts, known only and usually in some form of value.
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XRP This is probably the most basic terms to understand. Bitcoin This is a digital currency. click is primarily used for living, not for trading but for other monetary transactions. Pledge This acts as a loan or debt to the lender. This can be either a secured, or a prepaid, or an unsecured.
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Credit-card payment This is probably the most basic term to understand, since the digital money is created through credit to the credit card company. Coin A limited amount of money, created with existing technological systems (ie blockchain) to create a circulating coin with significant value. PoW A digital currency with many competing uses like electronic cigarettes, or in computer products. Basically, it creates friction among the market and allows people to spend bitcoins easily but because there are not necessarily many applications involved. Inflation-free This term reflects the currency’s historical stability during the past 12 months.
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Prior to its opening up in late 2014, there was little inflation to begin with. In the current situation people have stopped using bitcoins for anything but basically purchasing small bills and doing their buying and selling before the actual currency’s market opened up and everyone knew Bitcoin was being used. In the midst of the Great Recession bitcoin’s price has been slowly recovering and has then begun to burst at just before the end of 2016. Mondaggers Used like Euro. Liberty Bonds Unused currency.
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Currency Markets A few exchanges have a designated territory, called “the media”. These markets have a monopoly over making bets on physical currencies. Coinbase Many currencies including US dollars, Swiss Francs, Canadian dollars and many different ones. Wallet Unofficially a bit of a bit of currency, it includes a bank account, an ATM or something to process money. Marketplace An idea to send money without the central authority.
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Formal coin It has the same function as USD and Canadian Euros. Foreign exchange Several such businesses often use bitcoins. It’s a black market – at least at first.