case：Bitcoin as an Ethical Dilemma

1. Instructions. Read Case 4: Bitcoin as an Ethical Dilemma （pictures attached）
   • The following articles may also be helpful:
     • https://bitcoin.org/en/how-it-works
     • http://www.bloomberg.com/bw/articles/2013-12-12/bitcoin-needs-banks-for-wider-acceptance-as-regulatory-scrutiny-rises

   After reading and reflecting upon the discussion questions below, please write-up your case assignment. each answer should be provided in a separate paragraph.

   ---

   Format for CasesCase write-ups should follow the following format: Section 1: Introduction – a brief summary of the case and what you will address in the write-up. Section 2*: Answers to questions (at the end of the case). Each answer should be discussed in its own paragraph(s). Section 3: Conclusion – A synopsis of the case and any concluding remarks.

   ---

   *The questions to answer for this case (for Section 2) are as follows:

   • Question 1: Do you think bitcoins are approaching being unethical monetary instruments without technically carrying a value similar to “real” coins?
   • Question 2: If bitcoins are used to buy drugs, firearms, or other products that are considered illegal in the country in which bitcoins are being used, does that make bitcoins unethical?
   • Question 3: Do you think the bitcoin system is “evil” as Paul Krugman suggested? Is it similar to a Ponzi scheme?
   • Question 4: Do you think bitcoins were created as a weapon intended to damage central banking and money-issuing banks?

"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "GET10" in your order"