85% of central banks are considering digital currencies. The tedious process, overhead costs, and other costs associated with paper currency prohibit financial inclusion and explosive innovation in the financial market and economy at large. Digital currencies unlock broader possibilities for the unbanked and those excluded from the financial market. An area worth looking into is […]
Tag: Global Finance
Debt: The Face Behind The Currency
faith, while being oblivious of its elusive repercussion to society. I believe a deeper understanding (that is not obvious in textbooks) helps us in proffering more sustainable solutions to our society. I will share two illustrations of the elusive nature of money.
The King of Civilization: Monetary System
There is money yet community decay, and lack of educational opportunity puts the mind of children to waste and causes ecological breakdown. It’s apparent that the conventional monetary systems and currencies give rise to competition and yet remain scarce. It’s important to understand that the success of a nation or the world is not a state, but a process.