Future Impact of Digital Currencies on Financial Institutions
Research blockchain and digital currencies and project the potential impact on financial markets and institutions in the future.
Specifically:
· Briefly present a history of the technology, functionality, and how the digital currency markets work today.
· How are current financial institutions participating/threatened by the technology? What are their responses?
· Review recent global financial events to determine the impact it has had on digital currency prices, specifically Bitcoin, and what the implications are for the future.
· Predict the most likely scenario, in your opinion, given what your research has shown you and support with evidence, and site sources.