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The Future of Money Real the article Digital Currency: The Future of Your Money by D. Rodeck and M. Adams for Forbes Advisor, Oct 13,

The Future of Money

Real the article "Digital Currency: The Future of Your Money" by D. Rodeck and M. Adams for Forbes Advisor, Oct 13, 2022 https://www.forbes.com/advisor/investing/cryptocurrency/digital-currency/#:~:text=There%20are%20three%20types%20of,Bitcoin%20was%20the%20first%20cryptocurrency Links to an external site..

  1. Are cryptocurrencies 'money' as described in the text? Provide an argument either way and link to an article supporting your view.
  2. Have you ever held a cryptocurrency (such as Bitcoin or Ethereum)? What was the reason? Would you expect to ever hold a cryptocurrency again?
  3. Several countries around the world are introducing or already using central bank digital currencies (CBDCs), but not the U.S. Do you think the U.S. should adopt a CBDC, and why or why not? Would it matter to you if the CBDC were alongside physical currency, or instead completely replaced physical currency? How would a transition to CBDCs affect your life, and would you personally favor it or no?

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