Y’know, I don’t really get all these ideas of government creating digital currency or cryptocurrencies, what exactly are these digital currencies, what is the purpose they are meant to serve? Is it an asset that the government will be selling to citizens and they will be buying it in form of an investment or is just another copy of the fiat money? I don’t see the use for this.

The conventional currencies we have can already be used electronically when you have a bank account. Banks these days has their mobile apps that you can use to send money to anyone, and there are POS terminals that allows people to pay with their cards in shops, etc. So, I’m still yet to understand why.