Dear friends you know that bitcoin is the mother of all creyptocurrency.....so now the reports is coming bitcoin can replace currency as per the reports are coming from Researches from Imperial college London And the trading platform eToro assessed the roles of traditional currency and measured how close cryptocurrency had come to fulfilling these.
if bitcoin replace currency then what will happen, what do you think?
As per the imperial college London they list the three criteria as being able to act as a store of value, a medium of exchange and a unit of account. cryptocurrency already serve one the those roles. in order to fulfill the other two criteria, the team said cryptocurrency will need to overcome tackle scalability and regulation.
if this will happen then what do you think what will happen ?
The world of cryptocurrency is evolving as rapidly as the collection of confusing terminology that accompanies it. These decentralised technologies have the potential to upend everything we thought we knew about financial system and financial assets," said professor William Knottenbelt from Imperial.
so friends what do you think, can bitcoin replace currency? as per professor William Knottenbelt he told as per there study, i want to know what is your opinion about if your answer is yes so why tell by reply me.