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Bookmarking Crypto InsightsMon, 25 Jan 2021 10:30:21 +0000en-US
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3232Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies
https://www.digit.info/bank-of-singapore-says-cryptocurrencies-could-replace-gold-as-a-store-of-value-but-unlikely-to-displace-fiat-currencies/
Mon, 25 Jan 2021 10:30:21 +0000https://www.digit.info/2021/01/25/bank-of-singapore-says-cryptocurrencies-could-replace-gold-as-a-store-of-value-but-unlikely-to-displace-fiat-currencies/Read more]]>A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. Inefficient Unit of Exchange According to the research note, it is […]
A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. Inefficient Unit of Exchange According to the research note, it is […]