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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..
- Are cryptocurrencies 'money' as described in the text? Provide an argument either way and link to an article supporting your view.
- Have you ever held a cryptocurrency (such as Bitcoin or Ethereum)? What was the reason? Would you expect to ever hold a cryptocurrency again?
- 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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