Distinguishing e-money from a cryptocurrencysteemCreated with Sketch.

in money •  7 years ago 

The flow of e-money and cryptocurrencies can differ substantially. With the former, a central bank typically goes through the banks to distribute money into the markets. However, with a cryptocurrency, the central bank can distribute directly to a consumer. This has not been previously possible as banks have played the role of middlemen in transactions.

Reference: THE (R)EVOLUTION OF MONEY

money e-money cryptocurrency difference life
7 years ago by

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