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There are so many pros and cons around the use of a virtual or digital currency, but here are a few things to think about.
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While traditional money transfer companies have to carry capital to compensate for delays in international money movement, capital requirements are much lower for. Cryptocurrencies are global, decentralized currencies, there are no geographical or political boundaries for them. But what advantages and disadvantages could this future hold? About seventy billion dollars, or five per cent, of that cash sits in bank. Momentum is building for an idea that was once considered outlandish — a u.s.
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Digital currencies are based on blockchain technology that friedman said has potential to disrupt currency and much more.
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But what advantages and disadvantages could this future hold?
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