The possibility that multinational firms may create and transact in their own cryptocurrencies is not"unreasonable" in the medium term, according to one blockchain expert.
In an era where companies such as McDonald's have a higher credit rating than countries such as Ireland, he said, the notion that multinational firms may issue their own currencies and request that their customers purchase with them is"not that outlandish." Asked about the possibility of confusion if too many companies start issuing their own currencies, Brown said:"What we're probably likely to see is ... almost like groups or alliances coming round around mainstream currencies."
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