Federica
Sun Jul 07 2024
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7 answers
1450
Can bitcoin revolutionize the concept of money?
Could you elaborate on the potential for Bitcoin to revolutionize the concept of money? Given its decentralized nature, blockchain technology, and finite supply, does it possess the attributes necessary to transform our current monetary system? Could its potential as a store of value and means of exchange challenge traditional fiat currencies? Or are there significant barriers that limit Bitcoin's chances of achieving such widespread adoption? Please provide a critical assessment of both its potential advantages and limitations.
