Could Cryptocurrencies Replace Cash?

Deutsche Bank said in its latest research that cryptocurrencies could replace cash. The German-based financial services company published a report called “Imagine 2030” indicating that digital currencies were shown as “additions” rather than “substitutes” in the financial world so far. By the next decade, however, that could change. It is believed that as regulatory hurdles are overcome, it will become much more tempting for users to use cryptocurrencies as a substitute for cash.

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