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Can digital currency replace the cash system?
The Inquiry
The Fascination With Cryptocurrencies
Many people would like a type of money that can be directly transferred to another person without a bank being involved. Some countries are trying to regulate cryptocurrencies and bring them into the rest of the economy. Brazil, Uruguay, Mexico, Colombia, and Chile all have significant regulations in place but it's proving difficult to enforce policies on a digital system which doesn't recognise international boundaries. Any serious scammers can easily stay ahead of the rules.
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