Post
Topic
Board Economics
Re: Why the world really needs virtual currencies
by
lelylely
on 08/05/2018, 04:44:06 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/

I think that is the reason why the world needs virtual currency because the world needs a change, in which virtual currency is easier to use and we do not have to bother to bring physical money.