answered: Digital money. Background: What is money? Give a brief histo

  

Digital money.
Background: What is money? Give a brief history of different kinds of money, including past examples that were not issued by governments. New money: Describe Bitcoin (or another digital money system). Why do people use it? What are its strengths and weaknesses? Consider privacy of transactions, volatility, inflation, use by criminals, etc. and compare to standard money.

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