Over the last year, there has been too much talk on the media about Facebook’s plan to release its own digital currency Libra. Soon, rumours started spreading that this will mean the end of the financial model and that digital currencies will eventually replace the money. However, the existence of the digital currency is not breaking news.
Ten years have passed since Bitcoin, the first electronic currency was firstly introduced by its founder under the pseudonym Satoshi Nakamoto; three years later, Ripple followed. Since then, the world has been witnessing a transitional period in the financial market with the introduction of the cryptocurrencies; an alternative digital form of money used in parallel with the traditional money.
