Deloitte - The Future of Exchanging Value - Cryptocurrencies and the trust economy

Quote:

The balance of power may have tipped from merchant to customer, but the customer’s choice on how, when and in what currency they transact is still constrained by the context in which they operate. While customers or merchants may prefer to store their wealth and make all their payments in Bitcoin, they are also forced to deal with the preferences of others and the constraints placed on them by the government.The most likely outcome is a transition to a new equilibrium. This future involves a significant change in the relationship between merchants and consumers and between institutions in the finance sector.

deloitte-au-technology-future-exchanging-value-trust-economy-021219.pdf (1.7 MB)