Post
Topic
Board Economics
Re: Why the world really needs virtual currencies
by
swordling143
on 09/11/2017, 08:19:28 UTC
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!  Grin

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

Well first of all, the technology is evolving and all the companies around the world are beginning to adapt the change. For example, there were no online shops back then, but now a lot has been establishing their own websites, and that's where bitcoin comes in.