Post
Topic
Board Economics
Merits 1 from 1 user
Re: The new world currency in 2018?
by
jseverson
on 14/08/2018, 14:55:34 UTC
⭐ Merited by BitHodler (1)
What do you think about the new world currency Phoenix in 2018 year?
Maibe its this coin Phoenixcoin https://coinmarketcap.com/currencies/phoenixcoin/

If this is going to happen, it's certainly not going to be the Phoenixcoin lmfao. It's basically a Litecoin clone and its development seems mostly dead. The writer of the article seemed to have named this new world currency "phoenix" arbitrarily so it's not connected with the coin. Either way, it's a pretty interesting prediction, and it does seem like something somewhat similar to it was developed: the Euro.

But yeah, if we want to break worldwide barriers without ceding a sovereign country's ability to control their monetary supply and giving an international centralized body inordinate amounts of geopolitical capital, we can simply use Bitcoin alongside fiat. Bitcoin is the new world currency.