Will crypto take over fiat?

30 Sep 2022 By PAYCEC

According to Markets Insider, Jerome Powell stated that "cryptoassets are volatile - look at Bitcoin - and thus cannot be used as a store of value."

Crypto will play a special role in the digitization of fiat money, but it is unlikely to form a global payment system. These days, any private company that wants to develop a global currency must adhere to stringent regulations.

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