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Clark, J. R.; Niederjohn, M. Scott; Wood, William C. – Social Education, 2018
The cryptocurrency Bitcoin has been prominently featured in the news recently. Its ascension in value has been nothing short of extraordinary. This article briefly explains what Bitcoin is and how it works. The more challenging question is what Bitcoin--this cryptographic breakthrough--really is: currency, like the U.S. dollar, an asset, more like…
Descriptors: Monetary Systems, Definitions, Computer Networks, Consumer Economics