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The future of money might be closer than we think – Sydney Morning Herald
The Bank for International Settlements’ latest thoughts on central bank-issued digital currencies are revealing.
A year ago bitcoin was trading at less than $US10,000. It peaked last month at $US63,000 before crashing below $US35,000. That still gives it a market capitalisation of about $US650 billion. The overall cryptocurrency market is worth about $US1.4 trillion,…
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