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Why crypto disruptors and central banks can work in harmony

IbyIMD+ Published 30 June 2022 in Finance • 7 min read • Audio availableAudio available

There are obstacles to be overcome, but the time is coming soon when both traditional and digital forms of currency will be trusted and accepted by all. 

The basic principle of disruption is that innovators come from the outside of a given industry and capture a market dominated by incumbents. In the world of cryptocurrencies, this all happened when the disruptors – the non-permission blockchains and their cryptocurrencies such as bitcoin (BTC), ethereum (ETH) and cardano (ADA) – rocked the boat of the central bank incumbents.

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