Assessment - Report requirements
Background to cryptocurrencies
Investigate and explain the background to digital or cryptocurrencies and provide an analysis and comparison of the five largest crypto currencies by market capitalisation currently on the market?
Explain how and why there were created and how they work, their advantages/disadvantages, price drivers - economic, technical, transaction and law of one price.
In the process, evaluate whether cryptocurrencies fulfil the functions of money, now, in the future?
Globalization removes barriers to international finance, is the adoption of widespread cryptocurrency use one of the final frontiers and how likely is a cryptocurrency to be adopted into international finance markets?
Do you consider cryptocurrencies, for example, Bitcoin, to be a global currency? How likely are they to replace multiple currencies for future trading?
References
You must correctly use the Harvard style of referencing in any written elements of this assessment.
Use any current news articles, professional and academic journal -The Age, The Australian Financial Review, The Economist, Professional Journals; Academic Journals (Finance or Economics); News outlets: Bloomberg; BBC; CNN