Sentences with phrase «replace national currencies»

While cryptocurrency seems like it will become more popular, decentralized networks may never be able to replace national currencies altogether because people are harder to work with than algorithms.

He also hopes that bitcoin will replace national currencies, but it really depends on the fiscal policies of governments.

Not exact matches

Her plan to reintroduce a national currency to replace the euro «would be a catastrophe for French companies and inhabitants,» wrote Antoine Frérot, CEO of utility group Veolia Environnement SA.

It doesn't replace federal printed currency, but augments it by getting people to make the practical and symbolic gesture of supporting local businesses before national chains.

Most recently, ABC News, a national news service in Australia produced by the Australian Broadcasting Corporation, reported that it is possible for Bitcoin to replace reserve currencies such as the US dollar in the next 10 years if it sustains its current exponential growth.