The Role Of Cryptocurrency In Today’s Economy And Its Future Impact

3 min read

It’s safe to say that cryptocurrency has already become a major part of the finance industry. Cryptocurrencies are paving new ways of doing business that was not possible before because central banks could not maintain control over inflation and currency exchange rates across borders. In fact, cryptocurrencies have even begun competing with banks with their accessibility, speed of transactions, lack of fees, and many other benefits that do not require existing bank accounts or credit cards (like check payments). Central banks control the money supply by issuing or removing money from circulation. Central banks print new money and put it…...

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Yasmita Kumar I am a writer and have been writing about various topics over many years now. I enjoy writing about my hobbies which include technology and its impact on our everyday life. Professionally I write about Technology and have a keen interest in how it is implemented in news ways.