Virtual currency schemes

? What are some of the issues surrounding the creation of virtual currency schemes such as ‘Bitcoin’ and ‘Linden Dollars’? In your answer, you should consider such matters as the creation of monetary value, monetary policy implications inside and outside of the virtual world, as well as broader social and other problems and possibilities presented by such schemes (At least 1300 words).

? If you were the Governor of the central bank in Second Life, how might you engineer a depreciation of the Linden Dollar? (At least 400 words).

Last Updated on February 11, 2019 by Essay Pro