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September 19, 2023

Moralists and Money Discussion – Define money and describe its functions

Moralists and Money Discussion

Prior to beginning work on this discussion, read Alejandro Chafuen’s article, Moralists and Money: From Gold to Bitcoin (Links to an external site.)Links to an external site., and respond to the following components:

Define money and describe its functions.

Is money a root of all evil? Why or why not?

How are paper money (fiat) and commodity money different? How can paper money be validly used as money?

Are credit cards money? Why or why not?

Are cryptocurrencies such as Bitcoin, Ethereun, Ripple, Litecoin, Monero, money? Why or why not? Discuss thoroughly.

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