Do you think bitcoins are approaching being unethical monetary instruments without technically carrying a value similar to “real” coins?

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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?
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