Will cryptocurrency take over

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Further, cryptocurrencies could help to bigger changes could be ahead.

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Will cryptocurrency actually take over Fiat currency? The short answer is no. At least, not anytime soon. It needs to overcome its volatility. Nevertheless, some businesses accept bitcoin. Experts say stablecoins could be more effective than other cryptocurrencies as a form of payments. The value of. The bank, in its look towards , has predicted that in the coming 10 years, the current fiat financial system could grind to a halt leaving.

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Marcos has covered cryptocurrency, investing, banking, and the US economy, among other personal finance subjects. Tags: FX A report by Futurism highlights some of the possible outcomes, should cryptocurrencies surpass fiat currencies at some point in the future. This compensation may impact how and where listings appear. By Sandra MacGregor.