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.
I do agreed that bitcoin is a phenomenal innovation. Because of the technology that has been scattered in the whole world, most of the people who engaged themselves in this business industry many changed their lives because of bitcoin and digital currency as well. Together with myself bitcoin was change my life, Because I saw that it has potential to change everything especially in terms of financial crisis which is bitcoin can resolve it.