CS 492/692 - Winter 2025 - Assignment 4

Digital Currency

Description

Assignment 4 is due on Friday, March 21st. It should be roughly 1000-1250 words in length.

Digital coins, crypto-currencies, offer alternatives to traditional government issued currencies.

Describe the main features and drawbacks offered by these digital currencies.

Do you think it is inevitable that the Bank of Canada will issue its own digital currency, either to replace or augment the current versions of the Canadian dollar? Comment on the major benefits, drawbacks, or hurdles associated with such a plan.

Your essay should have a title and it should be largely self contained; that is, please explain the context and any assumptions needed to understand the points you are making. Provide bibliographic information (references) as needed.

Purpose

The purpose of the essay is to discuss some of the societal changes taking place in response to changing computer use and changing computer technology.