Note on Money and Cryptocurrencies

Name: Note on Money and Cryptocurrencies (English version)
SKU: 9B20N039

Diane-Laure Arjalies; Andrew Newton

Product #:9B20N039

Supplier:Ivey

Discipline:Finance

Details:Note (PDF) • 10 pages • 2020-11-16

Subjects:

Debt management Corporate finance Finance and investing

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This note explains the workings of money and cryptocurrencies and introduces what money is, before briefly reviewing its history. The note elaborates on the workings of money today (i.e., fiat currencies such as the US dollar and the European euro) and the importance of debt in the financial system. It then explains what cryptocurrencies consist of, notably the workings of blockchain technologies and the goals that utopian currencies hope to achieve. The note concludes by describing three major cryptocurrencies: bitcoin, Ğ1, and impak Coin.

Learning Objectives

This note is suitable for any course that involves money and the monetary system. It provides students with the technical and social background needed to understand the workings of currencies, including cryptocurrencies.