Part 2:Discussion - Pros and Cons

Evaluate the arguments and ideas about cryptocurrency presented

by the authors. Consider these elements:

1. the evidence and rationale
2. any gaps or unanswered questions

• The environmental impact of crypto mining.
• The recent extreme fluctuations in the price of bitcoin.
• Using cryptos as a hedge against inflation.
• Acceptance by major financial institutions.
• The importance of watching the market closely.
• Staying in for the 'long game.'

Articles

Ossinger J and Raimonde O. (2021, March 15)Bitcoin Falls After Weekend Rally Pushes Token to Fresh Recordhttps://www.bloomberg.com/news/articles/2021-03-15/bitcoin-dips-from-record-after-scaling-61-000-aided-by-stimulus

Huang, R. (2021, February 24) Institutional Support Is Coming to Bitcoin. Forbes.https://www.forbes.com/sites/rogerhuang/2021/02/24/institutional-support-is-coming-to-bitcoin/?sh=2a87514c729b

Williams S. (2021, January 10) 'I don't believe bitcoin is unique in any way': Why investors should be careful with this cryptocurrency.USA TODAY,https://www.usatoday.com/story/money/columnist/2021/01/10/investors-cryptocurrency-bitcoin/43312105/