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For many economists the nature of money is still a source of great debate. Who creates it? Is it commercial banks or central banks? Are we creating too much or too little?
Due to the debasement of fiat currencies and rising inequality worldwide, supporters of cryptocurrencies believe the future of money lies outside of the traditional banking system and in decentralised finance, or DEFI. According to The Global Macro Investor (GMI), there are currently 150 million crypto users worldwide with that figure expected to rise to 1 billion over the next 3 - 4 years. GMI state that crypto is the fastest adoption of any technology in human history surpassing the internet in the late 1990’s and early 2000’s. With so many people entering the crypto space, prices are predicted to rise exponentially
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