Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.
Bitcoin is truly a phenomenal innovation today. It helps a lot of people in different aspect of life. There is a lot of benefits that an individual could obtain like income, profit, knowledge, and so on. Bitcoin will definitely change the global economy and be a new system for storing a person's money. It could be an alternate for banks. So it is a phenomenal innovation because a lot of people seems tp know and use it now.