Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is a Globalization agent Rather than A price and data tools
by
Wiwo
on 13/01/2022, 09:48:41 UTC
Globalization is the interdependence of the world's economies, cultures, and populations. Bitcoin is just providing a borderless payment option which I don't think warrants being called a "globalization agent". It is not creating any kind of interdependence. Consequently, bitcoin doesn't cause any of the damages that globalization does to each country such as job insecurity, instability of society and price, ...
Your statement is wrong to me, my point in Bitcoin being an agent of globalization since globalization is the inter-dependant of the world as an economic and social environment with relation to trade and technology which is the bedrock of all human development and civilization making the world a global village, the three agents of globalization where mention on the last paragraph of the post which is industrialization, internet, and globalization and the last and recent is Bitcoin all the mentioned agents are providing borderless services.