(1) Crypto Currencies

Bitcoin: The End Of Money As We Know It traces the history of money from the bartering societies of the ancient world to the trading floors of Wall St. The documentary exposes the practices of central banks and the dubious financial actors who brought the world to its knees in the last crisis. It highlights the Government influence on the money creation process and how it causes inflation. It explains how most money we use today is created out of thin air by banks when they create debt. • Watch the following Youtube video and write a 2-page paper describing is Bitcoin an alternative to national currencies backed by debt? Will Bitcoin and cryptocurrency spark a revolution in how we use money peer to peer? Is it a gift to criminals? Or is it the next bubble waiting to burst? How does the Crypto Currencies might influence the foreign exchange market and multinational firms? What you learn from this video relating to our course contents? https://www.youtube.com/watch?v=yz8ymvqUMrU

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