In order to respond to these discussion questions, you may have to do some research on Bitcoin, which is readily available online. There are many descriptions of Bitcoin some of which are accurate, but some of which are misleading or entirely incorrect. Once you have a working knowledge of Bitcoin, consider the following questions:

Do Bitcoins qualify as a money market instrument?

Are Bitcoins a currency, an investment, or both?

If Bitcoins are an investment, is it one that you would consider?

Are Bitcoins liquid (as defined by the degree that an asset or security can be quickly sold or converted to cash without affecting its value)?