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 one of the main reason why the world needs a virtual currency is for unity and ease. As we use a single currency in the future, the more the chances that everyone will be united. Also, bitcoin is a global currency meaning it can be used by anyone wherein the transactions from different parts of the world will be made more easier than ever. Another thing is we are aready in the digital age so the currency should also be innovated together with the changes in the world.