Example 1: BitCoin (bitcoin.org) Analogous to gold – policy: – There are a maximum number of bitcoins that can exist 21 million (8 decimal places gran
{"Image DocumentName": "Example 1: BitCoin (bitcoin.org)", "Image ImageDescription": "Analogous to gold \u2013 policy: There are a maximum number of bitcoins that can exist 21 million (8 decimal places granularity) Produced through mining CPU intensive search increases over time. All transactions broadcast to all nodes. If majority of CPU power in network runs protocol cheating is hard. Mining and potential transaction fees incentivise good behavior Several exchanges, few traders accept, market CAP =  44m.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}