Before completing this graded discussion. You should have full understanding of the concepts below, if you don't please use the textbook and review them first. Money, Fiat Money, Central Bank, Money Supply, Functions of Money, Fractional Banking System, The Federal Reserve
Instructions and Steps:

1. View this introductory video on blockchain and crytocurrencies.

Blockchain and the Middle Man | TED Institute
2. View the following 2 TED Talks (video presentations). As you watch the videos, take notes of any relevant information.

The Future of Money | Neha Narula
How the blockchain is changing money and business | Don Tapscott
3. Decide which of the 2 TED Talks best responds to this question;

Should we trust electronic currencies, like bitcoin they way we trust government issued money?
4. Produce a response (post) of at least one paragraph in which you explain your position. Your post must be detailed and contain at least the following elements:

It must state the title and the author of the chosen TED talk.
It must state the reason why believe that TED talk best answers the question.
It must explicitly explain the relationship, connection, or link between the ideas provided in the TED Talk and the concept of Fiat Money.

1. revising for conciseness - eliminating flabby expressions, limiting long lead-ins, and dropping unnecessary fillerstime is money in any business environment. people want information communicated quickly and clearly. to make your writing more concise and understandable, avoid flabby expressions, long lead-ins, and unnecessary fillers. your audience will appreciate your brevity.1. if your writing contains a flabby expression like in view of the fact that, replace it with the word because / although / probably .for each of the following two sentences, choose the best revision.2. i am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.1) we need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.2) we have identified a problem with our expense sheet, but we will solve it.3) i am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.3. it is the user who should contact the center.1) everyone knows that it is the user who should contact the center.2) the user should contact the center.3) if there is a problem, the user should contact the center. read the following passage, and then answer the question.[1] you scheduled seven conference calls for this morning between 10 and 11 a. m. [2] generally, the company limits the number of conference calls to three per hour. [3] i’m letting you know that in the future, we should be more careful about scheduling.4. which revision limits the long lead-in in sentence 3? 1) in the future, we should be more careful about scheduling.2) i’m letting you know so that in the future we are more careful about scheduling calls.3) so that you know in the future, we should be more careful about scheduling.