This is the outline for the “M” in MAP, part 1 of 3. In this part of the MAP, you will learn about relevant topics to cryptocurrency as “Money.” If you would like to skip ahead, here is a link to the next part:
>> Cryptocurrency as Asset (A)
Summary for M : Many people question whether cryptocurrency qualifies as a form of money. In this part of the MAP, Dr. Black explains cryptocurrency in the context of our current forms of money and how money is changing with technology. The history of money and the evolution of money shed light on the concept of “money” and may challenge some of your ideas about why money has value. You will learn about Bitcoin as a paradigm shift in the evolution of money. You will also receive insights on stablecoins and central bank digital currencies as more recent forms of the “digital dollar.” Finally, this introduction will encourage you to think about how methods of payment have changed in recent years and how crypto could play a role in the future of money.
This part covers the following topics:
1. Is Cryptocurrency “Money”?
2. The U.S. Dollar and the Fed
3. Bitcoin
4. Stablecoins
5. Central Bank Digital Currencies (CBDCs)
6. Crypto as a Method of Payment
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Here are a few videos by Dr. Black to help you understand Cryptocurrency as Money:
Is Cryptocurrency Money?
The U.S. Dollar as a Form of Money
Bitcoin, a Paradigm Shift in the Concept of Money
If you’re ready to continue, check out the next part, Cryptocurrency as an Asset >>.
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For longer presentations, I often reference related websites. Here are some relevant websites for the M part of MAP:
1. Is Cryptocurrency “Money”?
2. The U.S. Dollar and the Fed
3. Bitcoin
4. Stablecoins
5. Central Bank Digital Currencies (CBDCs)
6. Crypto as a Method of Payment