Advantages and consequences of having digital currency

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Reference no: EM131985656

Innovations in the financial industry have resulted in interest in the adoption of digital currencies and central banks around the world are evaluating the use of such currencies to replace paper money/cash.

Use existing events and/or statistics to augment your discussion.

Discuss and examine:

(a) What are the advantages and consequences of having a digital currency?

(b) Do you think Bitcoin is a good candidate to be the digital currency of a country?

Reference no: EM131985656

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