Post
Topic
Board Economics
Re: A global currency may be powered by the blockchain
by
jiya jaena
on 29/09/2018, 04:12:34 UTC
Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.

As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.

What are your thoughts? Roll Eyes
I think it is very difficult to implement One World Currency, because there are some countries that are still firm in their stand to use their domestic currency, the country is afraid that using One World Currency will make the country's economy depend on other countries