CHAPTER 9

Future of Digital Money

What Digital Money Has in Future for Us?

In this digital age, digital currency was certainly overdue, the gap of which was filled with the arrival of bitcoin. Later, many altcoins, that is, variations of free open-source bitcoin came into the digital world. Bitcoin continues to lead the world of digital currencies. There are many reputed personalities around the world who have totally dismissed bitcoin and other digital currencies. On the other hand, the adopters label it the currency of the future.

Digital currencies have one significant underlying point to eliminate the expensive third-party processors. Banks and credit card companies keep a major percentage of the actual transaction amount compared with the ...

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