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More than half of the respondents in the weekly economic survey expressed their belief that virtual currencies will no longer be able to replace paper currencies and that paper will continue to overcome them.
Sixty-one percent of readers of the "electronic statement" answered no to the question: "Will virtual currencies succeed in removing the traditional in the future?", While 39% said yes. On Facebook, 58% said no, while 42% said yes. On Twitter, 57% said no, while 43% said yes.
The number of digital currencies traded on proprietary digital platforms exclusively based on Block Qin technology is currently growing at over 2,100 currencies worldwide, for a market value of $ 119.5 billion. Petequin, Etrium, Ripel and Cardano come first.
The majority of these digital currencies are not necessarily a way to pay or exchange value or products, but they are an effective tool for documenting, completing transactions and transferring value to the Block Qin chain. Governments use virtual currencies as a means of payment, which varies considerably, for example, Japan allows the use of KFH as a means of payment.
"The main difference between traditional and virtual currencies is that the latter is a legal document," said Leon Smith, managing director and founder of the Ten Digital Exchange platform, which had received initial approval from the company. 39; Abu Dhabi Global Markets Authority. For central banks, stressing that their use remains dependent on the central banks that have defined monetary policies in the countries.
"The strength of a hypothetical currency today depends on a number of factors, including the strength of demand, the difficulty of extracting money, the multiplicity of uses of the currency, as well as speculative operations, "said Tariq al-Refai, director of London-based Corum Center for Strategic Studies. Invest and understand how Block Qin works, encryption, smart contracts and currency news tracking.
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