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Discuss why private cryptocurrencies have failed to become a welly accepted medium of exchange? What would be needed to make them a medium of exchange?

Discuss why private cryptocurrencies have failed to become a welly accepted medium of exchange? What would be needed to make them a medium of exchange? Does stable coin have a chance doing do so? How does it work?

What are the virtues of central bank digital currencies and what role may they play especially in developing countries where many people are unbanked?

What are the risk of digital currencies to maintaining financial stability?

What is going on with central bank digital currencies in the Bahamas and the organization Caribbean states and the experiment in El Salvador where the government has made bitcoin an official currency, and legally acceptable form of tender and the government instead how's 25 Bicton

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