Legal tender

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  • Bitcoin Research Paper

    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…

    Words: 802 - Pages: 4
  • Pros And Cons Of National Currency

    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…

    Words: 1235 - Pages: 5
  • Competitive Range Determination Process Paper

    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…

    Words: 728 - Pages: 3
  • Communication In John Miller's Tender Offer, A Drama Play

    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…

    Words: 784 - Pages: 4
  • Malpractice Case: Alterations In The Emergency Department

    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,…

    Words: 1179 - Pages: 5
  • Summary Of Sunshine Flower Shop

    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…

    Words: 1135 - Pages: 5
  • Hart's Theory Of Coercive Orders

    Topic One In the Concept of Law, Hart attempts to depict one of the differing viewpoints to his own beliefs of positivism; this one being Austen’s of which he calls the theory of coercive orders. Essentially, the theory of coercive orders is when a political superior commands a political inferior with the backing of a threat. In what Hart details as a valid legal system, the criminal statute may be construed as a threat, however, the important difference between that and coercive orders is that…

    Words: 1077 - Pages: 5
  • Donating Organs

    will not donate organs. So, others that do believe in donating organs should donate in order to make up for the decrease in available donors. Further, investigated by Randhawa and others, the results showed that no particular religion was against organ donation. Some belief groups gave their opinions on organ donation, “there is no objection to Baha’is either donating their organs or receiving donated organs. Hinduism has always supported organ donation. There is no particular Jewish position…

    Words: 1124 - Pages: 4
  • Organ Donation Problem

    In the last century, the average life expectancy in almost every country has increased dramatically due to the development of medical treatment, including organ transplantation. This medical method can potentially save and improve many patients’ lives, but unfortunately, there still are some difficulties in fulfilling its potential. This essay will illustrate the causes of the poor rates of organ donation and the possible solutions in three particular areas which are the health care system and…

    Words: 880 - Pages: 4
  • Case Study: Plaintiff VELEZ Vs. HUDSON

    DISCRIMINATION AND RETALIATION 46. That at all times herein relevant, Plaintiff VELEZ was in a position subordinate to Defendant BESIKO with regard to her employment with Defendant EXPRESS. 47. That at all times herein relevant, Plaintiff HUDSON was in a position subordinate to Defendant BESIKO with regard to her employment with Defendant EXPRESS. 48. That at all times herein relevant, Plaintiff VELEZ would be given directives and take work orders from Defendant BESIKO in the course of her…

    Words: 966 - Pages: 4
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