How Cryptocurrency Is Disrupting The Global Economy
Cryptocurrency is about to start a revolution that could reinvent traditional financial and social structures, while at the same time bringing billions of “unbanked” individuals to a new global economy. Cryptocurrency is a promising financial system without an intermediary, one of which is owned by people who use it and protected from the devastation caused by the 2008 catastrophe. But bitcoin, the most famous of cryptocurrencies, has a reputation for instability, wild fluctuations, and illegal activity, some people fear that it has the power to eliminate jobs and violate the concept of a nation state. Cryptocurrency is a disruptive economic innovation with the potential to revolutionize the existing financial system and change the way banks and other financial institutions operate.