Physical currency and hard cash may soon be a thing of the past, Eswar Prasad, Cornell University economics professor and author of “The Future of Money” told Yahoo Finance Live.
“The end of physical currency, cash, is certainly drawing near, and cryptocurrencies, including bitcoin (BTC-USD), have certainly paved the way for that revolution,” Prasad said.
The digitalization of transactions has been well underway for the past few decades, but serious discussions regarding a fully-digital…
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