Sentences with phrase «overtaken by digital currency»
Physical cash may one day be overtaken by digital currency in China and could even become obsolete, according to People's Bank of China (PBoC) governor Zhou Xiaochuan.
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The digital asset was actually the world's best performing currency in six of seven years between 2010 and 2016 before being overtaken by Ripple in 2017.
Millennials have always been held responsible for every change brought upon our society and their recent target seems to be fiat currencies which stand at a high chance of being overtaken by its alternate digital forms.