Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?
Digital money will be the dominant currency of the future. One thing the 2008 economic crisis showed us is that the traditional banking system is flawed. It was confirmed in 2020. More and more people see the need for viable alternatives. And that's what cryptocurrency provides － a secure, decentralized form of banking that gets governments and banks out of trouble.
The crazy thing is that even the banks are aware of this. Listen to what Deutsche Bank has to say. In their "Imagine 2030" report, they talk about how fragile the traditional monetary system is-by 2030, more than 200 million people will use digital money － by which time traditional currencies will have gone downhill.
It's not just Deutsche Bank. Twitter's Jack Dorsey has said he believes bitcoin will eventually become the world's single currency. Elon Musk has said, "Encryption is a better way to transfer value than a piece of paper. ” says blockchain-the technology that makes encryption possible-is worth 10 times more than the internet.