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QUESTION

macroeconomics

Search the Internet and watch the first 6 minutes of PBS Idea Channel’s video: Are Bitcoins and Unusual Hats the Future of Currency?

Consider the functions of money as well as the risks inherent in traditional fiat currency. After watching the video, consider the following questions: Do alternative currencies have real world worth? What are the pros and cons of the expanding popularity and acceptance of these forms of money?

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