Legal tender

traditional payment systems, Bitcoin has its own metric for value called a bitcoin [1]. It is classified as property versus currency according to the IRS [2]. The value of a bitcoin is determined mainly from its use for making payments in the Bitcoin system, and from the purpose of accruing gains from bitcoins’ possible appreciation [1]. Only a certain number of Bitcoins will ever be created [1]-[5]. Bitcoin can be thought of as the gold of the internet. The value of it varies based upon the supply and demand. It can be exchanged for goods or services. As time goes on the worth of a bitcoin will increase unlike most traditional currencies. Another difference between real currency and virtual currency is that virtual currency does not have legal tender status in any jurisdiction [1]. It is not issues or administrated by a sovereign. They are created through a computer mining system, which can be thought of like the lottery. Your computer tries to decrypt a large number before anyone else on the mining network does. The lottery that the computer does though is much larger than the average lottery since the numbers are of a certain string length. The faster that the computer can mine the higher the reward the user can get. Rewards from mining from a block will decrease every 4 years in half making the rewards finite [1], [2], [4]. Using Bitcoins As more people begin to own Bitcoins the value increases more and more. Bitcoins can be compared to as trading cards. As time goes on…

National Currency “It's not that I’m Anti-China. I just think it’s ridiculous that we allow them to do what they're doing to this country, with the manipulation of the currency, that you write about and understand, and all of the other things that they do” (Trump). People will go to immeasurable amounts to have the upper hand in this world, especially when it involves money. What if we could eliminate the probability of one country having an advantage over all? When concerning money, we could…

Tender Offer Tender Offer is a drama play about a relationship between a father, Paul and his daughter, Lisa. The dialogue tackles a dangerous phenomenon in most families in the US, which is communication. At the very beginning of the dialogue between the two, Paul is trying to be friendly with Lisa and joke around in an attempt to make up for recital that he missed days ago. He also seems very absorbed in his business and work, thus never gives enough time to his daughter. This play allows the…

The competitive range determination process is required per FAR Part 15 for competitive acquisitions and is used to identify the highest rated proposals eligible for discussion when using negotiation procedures outlined in FAR Part 15. The Competitive Range in a competitive acquisition is the range of the most highly qualified offers, from the entire collection of offers, received in response to a Request For Proposal (RFP). In negotiated competitive acquisitions, it is necessary to establish a…

You don’t write because you want to say something, you write because you have something to say (“F. Scott Fitzgerald”). I am renown around the world for this quote and it is very applicable to my life, because I am a writer. Although lots of my stories were not successful, I had a few hits that made me as famous as I am today. In these few minutes, I will tell you about my early life and where I came from, secondly my life and work in Europe, and lastly, my work in film and end of my time. To…

In 1975, two sisters, Katherine Lyon aged 10 years old and Sheila Lyon aged 12 years old went missing after a trip to a shopping mall in Maryland of Washington, D.C. The girls’ bodies were never found until now. This was one of the longest unsolved cases in Washington D.C.. These sisters were known as The Lyon Sisters and were born in Kensington, Maryland. Their parents, John and Mary Lyon, and brother, Jay, who is a police officer. John Lyon used to work in a local radio station, WMAL, which is…

Legal Issues Case Study for Nursing Case 2 Nursing Situation: Cindy Black (fictitious name), a four-year-old child with wheezing, was brought into the emergency room by her mother for treatment at XYZ (fictitious name) hospital at 9:12 p.m. on Friday, May 13. Initial triage assessment revealed that Cindy was suffering from a sore throat, wheezing bilaterally throughout all lung fields, seal-like cough, shortness of breath (SOB), bilateral ear pain. Vital signs on admission were pulse rate 160,…

a business, I also do not have to deal with operating expenses for legal entities. However, I will be liable for all debts and losses of my business. Starting a sole proprietorship is less of a headache than the other business entities. It is quite simple to startup it is less expensive and is not considered a legal entity. The business owner only has to register their business name, comply with local regulations, and obtain the required licenses. The owner is responsible for all business aspect…

Most people and including this writer, probably have never given a lot of thought about organ donation, aside from checking ‘yes’ box for DMV. A far amount of people believe that once a person is dead, that using what is left of the body so another can benefit from the donation or, perhaps, even save another human being’s life. However, what about selling a kidney not donating one? The essay “Organ Sales Will Save Lives” written by Joanna McKay, delves a lot deeper into the hot topic of human…

For example, alcohol has many of the same side effects of marijuana. Alcohol buffers the central nervous system and is known to kill brain cells. A joint of marijuana is known to produce more tar than a cigarette, but on the average marijuana users do not consume enough marijuana to surpass the tar build up of a person who smokes a pack of cigarettes a day. June Crown and W.D.M. Paton state that "Further, one should realize that different cannabis smokers select different levels of…