Phoenix maybe nothing but Bitcoin

The prediction published by The Economist comes true with Bitcoin

As cryptocurrency enthusiasts, it’s fair to think that Phoenix is ​​Bitcoin, given the recent increased interest and value. But on the other hand, it may be necessary to take into account the Amero voiced for the North American Continent. Amero; The Canadian dollar is a hypothetical currency that is intended to replace the USD and Mexican Peso. It can be said that it is similar to the Euro introduced by the European Union.

The number of academics and experts who think that such a currency will emerge in the near future is not to be underestimated; However, there is no official announcement yet. Can the USA say goodbye to the USD and issue such a currency in the coming years? I think it is a matter that depends entirely on the interests of the country on a long-term basis.

On the other hand, the USA has the power to impose such a currency globally. He can do tens of times what he did for the USD to establish a brand new order. In addition, US Secretary of the Treasury Timothy Geithner; In 2009, he signaled that a single currency could be managed by the IMF. Looking at it this way, it’s possible that Phoenix is ​​Amero.

Global Capital and Bitcoin

Until now, hundreds of articles have been written on this subject and a lot of news has been made. Generally speaking, issuing a single transnational official currency would be a way that no country would adopt for technical and economic reasons. It is an issue that is so important that it can even cause global wars.

We are currently living in a period where the people produce their own money. Developing technology now gives us this opportunity. Today, anyone can easily print their own currency (with Ethereum Blockchain, etc.) and work towards its adoption. We see that the issue of printing money is gradually coming out of the sovereignty of countries. The market value of cryptocurrencies continues to increase exponentially every year.

Cryptocurrency markets are as big as a small country’s economy, with a value exceeding $120 billion today, and it is expected to reach the trillion dollar level in a few years. Because Bitcoin and cryptocurrencies, which act with the philosophy of “become your own bank”, reach more and more people with their decentralized and liberal structures. With millions of users globally, we can already consider Bitcoin as the only currency in the world, or at least as the closest asset to this concept.

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