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The Rise of Currencies, Fiat and Digital

Definitions of fiat money, commodity money, digital fiat currency, and virtual currency
Physical. Commodity money has intrinsic value (e.g. gold). Fiat money has no intrisic value, value is conferred by government (e.g. dollar). Digital. Virtual currency is a digital representation of value and value is derived from its native blockchain.

Pick one of these three ways to learn more about how cryptocurrencies fit in to the larger realm of currency:

Discussion: Which article did you read and what was something you found particularly interesting? How well does cryptocurrency fit into your idea of money? What part in history do you think cryptocurrencies will play in the long term?

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Cryptocurrency: Beyond Bitcoin Teach-Out

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