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Opinions / 21 February, 2023

Can Cryptocurrencies Replace Fiat?

Cryptocurrencies have some features that could make them appealing as a replacement for fiat currencies in certain circumstances, but there are also significant challenges to their widespread adoption as a mainstream currency. On the positive side, cryptocurrencies offer several advantages over fiat currencies. They are often decentralized, meaning they are not controlled by a central authority, and they can be transferred instantly and with minimal fees. They also offer a high degree of anonymity, which […]

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