Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Crypto-Currencies are receiving interest from businesses, investors, governments, regulators and students. The goal of this assignment is to introduce you to some of the related

Crypto-Currencies are receiving interest from businesses, investors, governments, regulators and students. The goal of this assignment is to introduce you to some of the related issues to provide a base of knowledge about this asset class. This topic requires critical thinking about finance, economics and trade-offs with any currency, investment or asset class. Keep in mind, issues appear quite different based on price activity over the last month, quarter and year. Consider observed market prices at different points of time (and when articles are written.) ONE THING IS CLEAR There are significant differences of opinion on the role of crypto-currencies. Please note that there is one article set for this Discussion. There are other articles/resources below if you would like to know more. It may be interesting to note the date of articles and the approximate value of bitcoin at the time the article was written. Here is the combined reading PDF for this assignment. (22 pages) Address both questions below. Two to three paragraphs (total for Discussion) are expected of thoughtful commentary that demonstrates your understanding of the issues. Points will be deducted for "cut and pasting" comments from the articles. Points based on a balanced / even-handed perspective on the positives or negatives of cryptocurrencies. 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. SUPPLEMENTAL RESOURCES: More Information - NOT REQUIRED for assignment/Discussion: I have added a recent video (about an hour long video but you can speed it up through "video settings") that highlights recent developments with crypto- currencies and how governments around the world are interacting with them. >> Is Crypto For Real - Economist Magazine - Video Is Cryptocurrency for Real? - Morningstar WSLE.
image text in transcribed
Crypto-Currencies are receiving interest from businesses, investors, governments, regulators and students. The goal of this assignment is to introduce you to some of the related issues to provide a base of knowledge about this asset class. This topic requires critical thinking about finance, economics and trade-offs with any currency, investment or asset class. Keep in mind, issues appear-quite different based on price activity over the last month, quarter and year, Consider observed market prices at different points of time (and when articles are written.) ONE THING IS CLEAR There are significant differences of opinion on the role of crypto-currencies. Please note that there is one articleses for this Discussion. There are other articles/resources below if you would like to lonow more. It may be interesting to note the date of articles and the approximate value of bitcoin at the time the article was written. Here is the combined eending PDF for this assigument. (22 pages) Address bothauestions below. Two to three paragraphs (total for Discussion) are expected of thoughtful commentary that demonstrates your understanding of the issues. Points will be deducted for "cut and pasting" comments from the articles. Points based on a balanced. / even-handed perspective on the positives or negatives of cryptocurrencies. 1- Do cryptocurrencies meet the classical definition of a currency, an investment or something else? Why or Why Not? 2. List 3 factons or circumstances that contributed to the collapse and bankruptcy of FTX. Pick the most important and explain why it is important and what lessons financlal proliessionals 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. SUPPLMENTALRESOURCES: More information - NOT RFQUIRED for assigoment/Discussion: thove odded a recent video (obout an hour iong videa but vou can speed it up through "video settinss") that highights necent develogments with cryplocurrencies and how governments around the world are interacting with them, >> is Echotocurrency for Reali - Mornindstar B

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance Plain And Simple

Authors: Sebastian Nokes

1st Edition

0273731297, 978-0273731290

More Books

Students also viewed these Finance questions