This essay proves that  Bitcoin as a form of currency. Be sure to discuss each organization, how they adopted (or why they won’t adopt)

Bitcoin as a form of currency.

This week’s reading centered around Bitcoin Economics. For this week’s research paper, search the Internet and explain why some organizations are accepting and other organizations are rejecting the use of Bitcoins as a standard form of currency. Your paper needs to identify two major companies that have adopted Bitcoin technology as well as one that has refused accepting Bitcoin as a form of currency. Be sure to discuss each organization, how they adopted (or why they won’t adopt) Bitcoin, and what recommendations you have for them to continue to support Bitcoin (or why they should support Bitcoin).
Your paper should meet the following requirements:

Be approximately four to six pages in length, not including the required cover page and reference page.
Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.
Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook. The UC Library is a great place to find resources.
Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on

the quality of your writing.

• Economics is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively.
• Two major types of economics are microeconomics, which focuses on the behavior of individual consumers and producers, and macroeconomics, which examine overall economies on a regional, national, or international scale.
• Economics is especially concerned with efficiency in production and exchange. This is  and uses models and assumptions to understand how to create incentives. This  and policies that will maximize efficiency.
• Economists formulate and publish numerous economic indicators, such as gross domestic product (GDP) and the Consumer Price Index (CPI).
• Capitalism, socialism, and communism are types of economic systems.