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 virtual currencies or digital currencies are needed for faster transactions since there'll not be in need of going into somewhere just to buy, send and receive your money. It is also easy to store your money since everything is virtual and you won"t need a physical wallet to carry or store your wealth with.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/