Study: Crypto Could Become Mainstream Means of Payment Within Next Decade

A new study has found that cryptocurrencies like Bitcoin (BTC) have the potential to become a mainstream means of payment and already meet one of the three main criteria of money, according to an eToro press release July 9. The study mentioned in the press release was a joint effort by Imperial College and U.K. trading platform eToro.

The report dubbed “Cryptocurrencies: Overcoming Barriers to Trust and Adoption,” written by professor William Knottenbelt from Imperial College London and Dr. Zeynep Gurguc from Imperial College Business School, states that cryptocurrencies are the “natural next step” for money and can become a mainstream payment instrument “within the decade.”
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