1. What theoretical characteristics support the creation of the Bitcoin digital currency (Hint: Think about supply & demand, resources, human behavior, and opportunity costs)? 2. Does Bitcoin pose a viable threat to traditional government backed currencies (US Dollar, Euro, Japanese Yen, etc.)? Why/ why not? 3. What should be the US government’s role in advancing the usage of digital currency? Is the current digital currency market structure sustainable (Hint: Competition, regulation, fairness,

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Bitcoin is a cryptographically secure currency that was created to be used universally for payments ... View the full answer