How do online currencies like Bitcoin change the concept of fiat currencies ? Will these currencies still be alive in a decade ? What are the specific reasons that banks are against the cryptocurrency ?Discuss

Topic: How do online currencies like Bitcoin change the concept of fiat currencies ? Will these currencies still be alive in a decade ? What are the specific reasons that banks are against the cryptocurrency ?

Write a 500-word column as a rebuttal to these two pieces, both of which make arguments about the uselessness of cryptocurrency. In your essay, incorporate as much evidence as possible from other readings included. You may use other references as well.

See the below two, attached, articles: 1. Greg Ip, “Cryptocurrency Has Yet to Make the World a Better Place” Wall Street Journal, May 20, 2021 2. Paul Krugman, “Technobabble, Libertarian Derp, and Bitcoin,” New York Times, May 21, 2001 Write a 500-word column as a rebuttal to these two pieces, both of which make arguments […]

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