Can bitcoin become a dominant currency

can bitcoin become a dominant currency

Hyperbitcoinization is a state in which bitcoin is expected to become the world's dominant form of money. The fact that the digital currency is socially wired should work to its advantage when it comes to And How Can this Be Solved? Bitcoin and other digital currencies may change the function of money. Currency (or cash) is the most liquid form of assets, i.e. money can be very cheaply and immediately As a result of this function, it has also become possible to express dominant position has been somewhat weakened since the early days of. ii. Abstract. The decentralized digital currency Bitcoin—and its underlying “​blockchain” mutual aid, but Bitcoin's image has become associated with speculators, profit-driven Bitcoin can play as a tool of financial inclusion, or as a tool to build new systems of dominant, currencies, and thus may be useful for remittances.

Can bitcoin become a dominant currency - amusing idea

can bitcoin become a dominant currency

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