What are the likely problems that cryptocurrencies pose to the financial sector in the future?

Cryptocurrencies are virtual assets which are relatively easily created and are measured in physical fiat/paper currency.

It is only central banks which can create / issue / print physical fiat/paper currency.

People invested in Cryptocurrencies who want to convert back to physical fiat/paper currency may find it may not be possible or that they get less or much less than the amount of physical fiat/paper currency invested.

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