Post
Topic
Board Economics
Re: Cryptocurrency: The Future of Finance in a New World Order?
by
oHnK
on 20/08/2021, 16:58:03 UTC
In 2009, the first cryptocurrency -Bitcoin-, officially launched and since then has continued to roll into a snowball effect that poses a serious threat to the existence of conventional finance. As much money as the restless World Central Bank, the government seems helpless and dragged into the vortex of the evolution of the world's financial system. The Covid-19 pandemic has become a catalyst for forcing the entry of all financial and banking industry sectors into the digitalization era. Imagine a concept of a world without physical currency. It is strange, but real. Money will be removed and replaced with a digital currency system.
looks strange indeed if we look at the situation today . Like the impossible. But this could be something that could happen in the future . Needs force everyone to understand technology and the internet. So I don't think anything is impossible in the future. Depends on whether humans are able to develop this much deeper
I don't think that crypto currency is a strange thing to implement in society because it is currently a solution to a centralized economic system that has already worsened the economic condition itself because the Central Bank as the monetary regulator in every country does not carry out its function properly, inflation that occurs continues to increase every year, even though from theory inflation is a sign of the country's growth, but if it is not controlled, let alone supported by large foreign debts, it will cloud their situation, making regulations for  their momentary interest.