Well I went to a NEO coin Developer Convention today and based off everything they were discussing it sounds like Europe, Asia, S. America and N. America are getting ready to completely get rid of cash and unite the entire global economy. Those of you blockchain developers what are your thoughts on this?
uniting the global economy? and eliminate cash? if indeed that happens it is the progress made from the big countries, and it cannot be denied that many other developing countries will participate. You could say this is one form of change in the economy that was influenced by the digital era.
This is not going to happen. Unite global economy and no cash, not a chance. At least not in our live time but in general I think that expecting so huge changes from cryptocurrencies is utopia. They are just not designed like that and global economy couldn't rely on them, such system would crash. I wouldn't say it's completely impossible but for that some major changes in technology of cryptocurrencies would be needed.
society. Even with the formation of the UN, I still think that having a global economy is far from reality. As for now, were already experiencing technological advancements due to crypto. Blockchain technology will soon be utilized everywhere.