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Can Bitcoin Replace Central Banks Currency?

by CBDC Insider Staff
June 15, 2020
in Business
Reading Time: 1min read
0
Can Bitcoin Replace Central Banks Currency?
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Difference Between Bitcoin Cryptocurrency And Currency of Central Banks
How does the central bank ‘s authorized currency differ from Bitcoin? The central bank bearer may only send the authorized currency to exchange goods and services. The Bitcoins holder can not send it because it is a virtual currency which a central bank has not authorized. In exchange for goods and services and even central banking authorized currencies, Bitcoin holders could, however, transfer Bitcoin to another Bitcoin member’s account.

Continue read:https://www.millennialinvestment.net/post/can-bitcoin-replace-central-banks-currency

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