If all countries convert their FIAT, to digital currency, what would we gain? Crypto will then still be an alternative currency. In a way the FIAT is already digital, your money is a number on some bank's computer system, transactions take place electronically and move between people, banks and other institutions electronically. You also pay for your groceries electronically. (Whats new?) I would like to see the number of currencies reduce drastically and me be able to draw my money in any place at any time, with one card at any ATM, with no no interference from any government rules, as is possible with crypto. I don't think we need a new gold standard, it has been obsolete for long, free market determination of value seems fine for me.
Thanks for a great post.
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