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RE: 3 Approaches to Cryptopcurrency by Governments

in #cryptocurrency7 years ago (edited)

Humanity is in dire need of a transition into an honest monetary system and we cannot afford to get this transition wrong.

Well said!

This was an enjoyable read. I was not aware that China was looking to create their own crypto. It makes sense that they would since they also purchase so much gold. They are preparing for life after the dollar collapse.

Great piece my friend!

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Thank you!

It will be interesting to watch. I think we could witness monetary musical chairs. The first country to make the switch of their currency (Could be gold backed, or crypto etc..) Will "sit down" first and be safe, while the rest of the world scrambles to compete/ catch up and transition before time runs out and the old system is useless.

Musical chairs is a good way to put it, haha.

I agree. Our time to act is now and secure positions in our portfolios. Once the switch happens to a new system we will ride the wave.

Amen to that.

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