Digital currency initiatives are expected to gain momentum. After the Covid-19 epidemic, while there was a great uncertainty in the world economies, Bitcoin was one of the currencies that increased its value the most. Making statements about the future of digital and cryptocurrencies, Bahçeşehir University Blockchain Research Application Center Director. Dr Bora Erdamar, a faculty member, said, “Although paper currencies and credit cards continue to be in our lives, they will be complementary to them, will replace them in time, and central bank digital money projects will be implemented one by one.
The Central Bank of Turkey (CBT) for the digital money project “paper money and credit cards complement them first even though it still to be in our lives, once the central bank could take their place digital money projects one by one, will come to life” made the assessment. Bitcoin, which was traded around 4 thousand dollars in March 2020, has approached the 40 thousand dollar limit in the first days of the new year. increase in the value of Crypto money, crypto and digital money, in meeting the question again mind about the future, Central Bank of the Republic of Turkey (CBRT) President Naci Ağbal With regard to the Center’s digital money work in the last week, “Currently conceptual proof phase of this project has been completed The statement “We aim to start pilot tests in the second half of 2021” was high on the agenda.