National Cryptocurrencies? All Currencies Will Be Digitized, Cryptocurrency Expert Says
Bitcoin has burst through the $10,000 barrier and Ethereum is bumping up against $500. But today's important cryptocurrencies might just be the loud and noisy open act to the really big deal of the next decade. That is, the end of cash as we know it. "All currencies will be digitized," Bitt founder and director Gabriel Abed said today at TechBeach retreat in Jamaica. "Cash has seen its days." Cryptocurrency (Photo by Dan Kitwood/Getty Images) Bitt is a fintech starup, and Abed spoke today on a panel addressing cryptocurrencies and blockchain along with other Carribean startups and banking infrastructure representatives, such as Justin Ram, the Director of Economics for the Caribbean Development Bank . "There’s a future coming that complete disrupts what we know today," Abed said. "I see a different future where central banks are issuing digital dollars ... a new economic age of digital dollars." Crypto...