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RE: Russia to Introduce Cryptocurrency Regulation Bill Next Week
Simply, but not suddenly. The structure and support surrounding current tangible currencies are backed by so much more security that its almost hard to imagine it's extinction. Even though, I foresee multitudes of possibilities for cryptocurrencies that it may affect value of physical money. The aesthetics of physical money is appealing--especially to individuals uncomfortable and unfamiliar to modern forms of currency. That being said, until the majority becomes more aware of cryptocurrency's abilities/possibilities, don't throw your bi-fold wallets just yet. Cash isn't going away anytime soon.