The Future of Currency and Business
There is a craze in people about Bitcoin and other cryptocurrencies like Ethereum and Dogecoins. But have you ever imagined that what could be the future of these rising economic assets that people are investing in these currencies?
Why I am saying this?
Today, with the advent of cryptocurrency, I could see the possibilities that the world could achieve in the next 5 to 6 years ahead.
To get a speculation about this, think that 10–20 years in the future, of a world with robots and artificial intelligence will see its peak and this peak will not be something that could be ignored and there would be a real possibility that cryptocurrencies could be the ‘world currencies' of future.
Think again, I am talking about the integration of the world economy, that means no exchange rates and the country would not be possessing any of their currencies or have a low dependency in them.
Now, with the speed of the world, despite the pandemic, this is not a utopian vision that is seen by the future youth. In my life as a teenager, I feel myself as lucky to be a possible witness of this change and integration.
What is the problem in accelerating this decision?
Now, though I am not deep in these things but you must know the reason it is not possible for us to get into this future.
Modern world is not in that phase where everybody could afford to go global. If you see a newspaper two to three months ago or even of the recent dates and turn to the global news page, you will see a tussle between nations.
Also, this scenario would result in a halt in development of nations because as the rule of capitalism suggests
Competition leads to faster development in a world of capitals
Ever, if we come to a stage where this vision will take place, we have to compromise with the speed of development in the field of business and commerce.
Some people talking about this
You might have heard about Elon Musk’s statement about Dogecoin and space. Just have a thought of having something in your pocket that is not only acceptable in earth but also in space. There are no limitations with that scale of economy that you can achieve.
Thank you for reading till this far, great ideas are thought together but the people, so I would love to hear your views about the future of currency and business. So, please comment below.
