From Bitcoin to CBDCs: The Digital Future of Currency
Bitcoin introduced decentralized money in 2009, challenging the nation state monopoly on currency. Over 20,000 cryptocurrencies now exist.
Central banks are developing their own digital currencies called CBDCs. China, Sweden, and the Bahamas already have digital currencies in circulation.
Physical cash is declining in many countries. The concept of money is being redefined faster than at any point since the invention of coinage..
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