The impact of cryptocurrencies issued by Amazon and Facebook

The currencies could play a very important role in the world economy. Cryptocurrencies have the potential to make micropayments economically sustainable, with a significant impact on cross-border transactions. Maheen Hernandez (The Currency Analitics) explains that cryptocurrencies are designed to replace the currencies issued by the state. The investors are contemplating whether Facebook and Amazon will launch cryptocurrencies with a potential to compete with the USD or any other fiat currency.