hi i am currently finishing off an essay and i have been caught up on this particular question as i am still confused by crypto currencies and block chain as a whole, as i do not believe that the system is based on solid foundations yet and the entire system is volatile

Please assist by explaining, the importance of electronic money in general and crypto currencies like Bitcoin in particular for the payments system.i have been stuck on this question for two days now and i just cant figure out how to answer it?

thank you for all the help.

Can anyone help with thisjQuery22402286085452044122_1588750636514