1 - Do cryptocurrencies meet the classical definition of a currency, an investment or something else? Why or Why Not?

2 - List 3 factors or circumstances that contributed to the collapse and bankruptcy of FTX. Pick the most important and explain why it is important and what lessons financial professionals should learn from that factor.

3 - What reasons / or why do you think anyone (i.e. investor, trader or speculator) would want to own crypto-currencies? Think of this as advice you would give a family member who is considering buying a material amount of crypto.