Case 2: Bitcoin: Future of digital payment

Questions:

1. One of the arguments given by the persons who are not in favour of Bitcoins and the other similar virtual currencies is that it is this lack of supervision and of regulation that makes Bitcoin dangerous. Do you agree with this point of view? If not, please explain.

2. If you were running a business, would you accept Bitcoins for payments for your products/services? Why or Why not? And if Bitcoins were selected as means of payment, what would you do to protect your business against the risks due to the fluctuations of the value of Bitcoins compared with the traditional currencies and against the risk of fraud?

3. Is it possible if Bitcoins become the future of digital payment? What is your opinion on this topic?