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My dear mate, crypto currency can't replace national currency because national currency is always the official currency of that country. Cryptocurrency definitely has the potential to replace cash within the next 10 years. What are cryptocurrencies and how do they work? Cryptocurrencies are the currency of future. If you ask some futurists, cryptocurrencies are set to replace traditional currencies in only a matter of decades.
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The global monetary landscape will have everyone storing electronic money, cryptocurrencies and central bank digital currencies in one bank. Yes i can see that. This is especially true for countries like zimbabwe and venezuela, where cryptocurrencies are being used as a significant means of exchange when. It can be possible that every country had its own crypto currency in future life. Visa's latest step, which will use the ethereum blockchain, strips out the need to convert digital coin into traditional.
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The u.k.'s most prominent central banker is making his disdain of cryptocurrencies clearer than ever.
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Most definitely cryptocurrency will replace traditional currency.
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