Post
Topic
Board Economics
Re: A global currency may be powered by the blockchain
by
BartS
on 10/10/2018, 21:58:05 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
Not going to happen, I know that is a very popular topic among many people that like conspiracy theories but countries are not going to give up the right to print their own currencies as easily as you think, just look at what it's happening in this market, bitcoin was created and then just a few years later we have thousands of coins, now anyone can create their own coin, so I really think that in the future we are not going to have a one world currency we are going to have tens of thousands of currencies.