Digital.Currencies.And.The.Future.Of.The.Monetary.System.BTC
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Digital currencies and the future of the monetary system Summary Since the creation of Bitcoin in 2009, cryptocurrencies have exploded in popularity and are today collectively worth over $1 trillion. Critics say a lack of regulation has contributed to volatility in the nascent industry. In 2022, several cryptocurrencies and crypto firms collapsed, including industry heavyweight FTX, causing trillions of dollars in losses. Meanwhile, many governments are seeking to capitalize on the technology that powers cryptocurrencies by investing in their own digital currencies