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Cryptocurrencies in particular bitcoin (BTC), will become the surrogate for fiduciary money in the next 10 years, notes a recent study by the Imperial University of London
Research, which was conducted in collaboration with Professor E-bull and Professors William Knottenbelt and Zeynep Gurguc, argues that bitcoin and ethereum ] already meet one of the major criteria, in financial concepts, which will establish them as the currency par excellence in the future, allowing users to use them as valuable stores, CoinCrispy reviewed.
It also highlights its adaptability as a means of exchange, either by products or services in the local and international market, or by acting as a measure of value in terms of the economic system.
However, cryptocurrencies must overpopulate "
" (…) There is a lot of skepticism about crypto-currencies and how they could become a daily payment system used by men in the street. In this research, we show that cryptocurrencies have already progressed significantly towards meeting the criteria to become a widely accepted payment method, "says Professor Knottenbelt
" The more widespread use of cryptocurrencies like This is the natural progression of how they manage to overcome the six challenges: extensibility, ease of use, regulation, volatility, incentive and privacy, "he concludes.
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