Your article is a bit longer but very interesting.
When the Internet was invented, people climbed another stage of civilization. The first step of type-1 civilization is global computer networking. Through this, a revolution took place in the system of communication and exchange of information.
Now in the case of the economy, The only currency that is performed its activity by using computing power.
The most widely discussed and attention-grabbing system in the economy right now is the blockchain system aka Bitcoin. Its pervasiveness is from the very marginal stage to the government quarters. It has revolutionized the way money is exchanged. Only Bitcoin is eligible to be recognized as a global currency. When it will be recognized as a worldly currency, it would be considered as the currency of a type-1 civilization.