Zhou acknowledged that digital currency is inevitable, and is likely to eventually
replace paper money and coins.
The Governor of the central bank made it clear during the congress that digital currency is inevitable and have a higher likelihood to
replace paper money as reported by Bloomberg.
In the board game Monopoly Gamer, Coins
replace the paper money used in standard Monopoly.
In a speech Friday, the current San Francisco Fed President John Williams laid out a case for why cryptocurrencies, the most prominent of which is Bitcoin, can not
replace paper money.
Not exact matches
So traditional publishers must now search for other ways to
replace the shrinking
money from
paper sales or find themselves in big trouble.
Goldman Sachs CEO Lloyd Blankfein's recent tweet is on the fence when it comes to Bitcoin, but teases comparison of Bitcoin with
paper money replacing gold.