The first read is an article on the development of money of a World War II prisoner-of-war, which was published in 1945. The second article was published in the opinion section of the New York Times in 2018 by economist Paul Krugman on Bitcoin.

first read: file:///Users/Shared/The%20Economic%20Organisation%20of%20a%20P.O.W.%20Camp.pdf

second read: file:///Users/Shared/Krugman%20Transaction%20Costs%20and%20Tethers.pdf

Please read both articles and answer the following questions:

1. From the first read, please respond why machine-made cigarettes were utilized as money of the POW transactions during WWII and why are machine-made cigarettes better used as money as opposed to hand-made cigarettes.
2. From the second read, please respond why Paul Krugman indicates that Cryptocurrencies have actually set us back in monetary terms by 300-years. What is his argument for indicating that Cryptocurrencies do not work like money so well.
3. Finally I want you to discuss, why almost with 73 year apart from each other the first article indicates why cigarettes worked as money and now a days Cryptocurrencies do not work so well as money.