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Sunday, 25 March 2018

A New Economy

Until now,we have largely focused on how crypto currencies have developed and the benefits and challenges they pose to society.but these new forms of money and ways of organizing commercial activity are not landing in a static,dormant society,as if human beings were just waiting to be woken by a new monetary idea.society itself is changing,rapidly,digital technology and online computing are at the center of this change,shifting how we form communities,social relationships,and business ties as every aspects of our lives becomes increasingly subject to the power computing and network connections.other factors are at work,too the demographic shifts of an aging west,the unprecedented growth of a middle class in developing nations,the rise of terrorism in place of international conflict as the biggest security concern of our time,and the legacy of the 2008 financial crisis with its damage to peoples's confidence in the traditional financial systems.All of these create both opportunities and challenges for crypto currencies as they seek to impose some arguably even bigger changes on the societies to which they are being marketed.


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