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1. View the following video presentation by CBS . As you watch the video, take notes of any relevant information. Bitcoin and the future of

1. View the following video presentation by CBS . As you watch the video, take notes of any relevant information.

Bitcoin and the future of money

By CBS Research Team

2. Read the following article by Forbes. As you read the article, take notes of any relevant information.

Beware of Crypto Risks

by Dante Disparte

  • During lecture you learned the 3 main functions of money: medium of exchange, unit of account and store of value. Does Cryptocurrencies fulfill these 3 functions of money? Explain why ?
  • Decide which of the 2 :the CNN video or the Forbes article best responds to this question;

Should we trust cryptocurrencies currencies, like bitcoin the way we trust government issued money?

  • Explain why
    • It must state the title and the author of the chosen source.
    • It must state the reason why believe that the source best answers the question.
    • It must explicitly explain the relationship, connection, or link between the ideas provided in the source and the concept of Fiat Money.

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