A decentralized, digital currency must overcome which of these hurdles?
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Blockchain will face different blockchain adoption challenges before it is integrated into society. These include scalability, the time needed to verify transactions, the cost of transactions, and security.
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Decentralized currency, peer-to-peer money, and digital currency all refer to bank-free methods of transferring wealth or ownership of any other commodity without needing a third party. Most centralized, and some decentralized, markets use fiat currency—or physical money issued by a central bank, like U.S. dollars.
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