I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.
It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history!
https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/I think there is need of virtual money is required because in today's world there are more hackers developed in the market and leads to hacking everywhere which makes everything buying digitally leads to unsecured and the amount of corruption increased so I think crypto money will lead to help these problem to make them cure from the society.