Cryptocurrency is the next power for international trade

This would be writing about cryptocurrencies, and I know that I will repeat that word very often. In the predictions is said that cryptocurrencies are the most powerful tool in the next generation computer base financing. And the idea is that the same systems, what are created for handling money can handle also cryptological currency. In some point of view, every currency in the world is actually some kind of cryptocurrency.

This makes possible to pay in every nation in the world by using mobile payment solutions, which makes payments easy and safe. The next generation financing and everyday shopping tool might be the cryptocurrency. Today cryptocurrencies must be sold or change to the normal currency before they can use in everyday shopping in the supermarkets.

In the future, we might use currency, what is away from the control of the national banking system. And of course we can use credit cards and other solutions, but the thing is that we cannot compare the prizes between the states if we don't have the currency, what is the same for everybody and in every country.

But how we would get the same currency in every nation, and this currency might make comparing prizes between states very easy. The answer to that thing would be digital money, and that will have more effect on the banking and the entire society than the invention of money itself. The digital money would be something, what is not connected to the normal currencies, and it is acting like some kind of cloud, what is above the normal financing control.

In this case, I must say, that the word "change" would be very suitable in that kind of things because the interest in that kind of currencies is very high. But maybe in the future, some shipping chains would start to accept the cryptocurrencies in the normal cash, and the modern Internet base trading and banking system, which allows using cell phones as the credit cards would take the next step very soon, and start to accept artificial currency as the payments.

American financing corporation JPMorgan has bought new cryptocurrency in marketing. The name of this thing is JPM Coin. This cryptocurrency is suitable only in the banks of JPMorgan, and this is why somebody says that it's not the real cryptocurrency like bitcoin, what is free to buy. The cryptocurrency means artificial currency, which is isolated from the control of the governments and central banks.

The cryptocurrency has the value in a similar way with the normal currency, and in fact, in this time during the Internet ultra-fast traffic, every currency in the world might be used as the cryptocurrency. and in some scenarios, the cryptocurrencies like BitCoin would someday replace the Dollar as the most powerful currency in the world. The idea is that the artificial money is very easy to use in international trade, and that's what means that the operators like financial operators, would buy BitCoins or other cryptocurrencies, and then they can sell those currencies to the opposite side of the Earth.

This means that if the U.S Dollar would be replaced by things like cryptocurrency, that means this artificial money would be in the center of the trade. And the other currencies would be around this central currency. In this model, the digital money would be like a gate between two currencies, and the things like BitCoin or JPM Coin and those things might replace the banks in the long run.

Many people think that this is only some kind of joke, but then we might think, what has been happening to the mobile telephones, and today every payment would be done by using cell phones. So the next step would be that some cryptocurrency will be used in the everyday payments in some shopping chain. And this would make a revolution in the banking and other business. This would be the future of the world financing, and everybody needs to be in this kind of trends because if you are not involved in the modern world you will leave behind the advantage. And this makes problems in everyday life.

https://www.theverge.com/2019/2/14/18224976/jp-morgan-chase-cryptocurrency-banking-cnbc

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