Efrem Urumashvili: Cryptocurrency will replace classic money
Efrem Urumashvili: Cryptocurrency will replace classic money

“Cryptocurrency will replace classic money. The process is irreversible and will take place in the nearest future,” Efrem Urumashvili, Financial Analyst, stated in Program “Actual Topic” of First Channel.

Urumashvili said that leading publications such as Financial Times and Economist were writing about digital economy of the 21st century.

According to Financial Analyst, Bitcoin was the first Cryptocurrency and that establishment of the digital currency was generated by online economics in the world.