Digital Money, Fiat, Cryptos and more

Digital Money, Fiat, Cryptos and more

We are moving fast in digital currency. Digital money, cryptocurrencies, altcoins, stablecoins, are terms that we must begin to learn if we want to start playing with these new forms of payment that will soon dominate the financial interaction of all users of the world.

But it must be taken into account that many of the ideas that come out as a result of the deterioration of the financial system are part of a centralized scheme that only seeks to protect itself from the considerable loss of confidence, that element that makes us believe in the monetary management that is part of the monetary policies of governments. Many, through incompetence, have reached a point of no return, where the paper and ink on which these bills are printed is worth more than the paper money itself.

This is the basis for the various formulations where entities and institutions begin to build; With the arrival of quantitative measures, we can see a lack of control of the monetary policies that seek, rather than stabilize a country, to satisfy a capital scheme that only seeks to perpetuate a minimum group that has always controlled stock management.

It is evident that the only digital approach of a currency, not a private one, a public one, issued by the Central Bank seeks to protect that financial autonomy that countries want to consolidate and that they must manage before the US dollar can cause damage in these economies.

China's response is evident and their digital Yuam wastes no time, beyond having a backup technology, with tests under development, they do not hesitate to fully support a digital currency that will undoubtedly have the three basic characteristics of all money, in its use as a medium of exchange, its implementation as a unit of account and its domain as a store of value. The latter will weigh and give us much to think about if we do not begin to energize our economy towards a more stable horizon.

There are already several answers, under study, several are the powers that begin to not underestimate the change. But always the most important thing is that if this is going to affect Bitcoin and other cryptocurrencies. Honestly, the Central Bank issues, within their concept, seek to stop this consolidation and adoption incentive that grows within the decentralized cryptographic world.

The policy is clear, make an account unit attractive that allows operations to be centralized and avoid a growing taste for anonymity. BTC reveldia is expensive and these features are the price to pay.

In short, this article simply seeks to renew a little those concepts that began to generate ideas and outline strategies for all of us who are looking for a way out of the coming crisis, that the fiat world no longer supports more destabilization and that it is going directly to the doors of the hyperinflation.

While I know more about digital initiatives, the more I cling to Bitcoin and the alt's as progressive systems of exchange that cling to concepts associated with the independence of our finances and do not add to a deviant control like the one we are going to see, more strict than that left by the debtor system in extinction.

This article can be found on my Hive and steemit blog under the following links.


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I am a Venezuelan, worker, father of a family who fell in love with this crypto world; I love reading news related to the crypto space, from the technological performance to the shape and concept of each currency in this world.

Cryptographic Alchemy
Cryptographic Alchemy

This blog contains my opinions on the world of cryptocurrencies, and how these digital records are the key to the change towards a new future, but that in many cases, we already live in the present. Always remembering that cryptos, and especially Bitcoin, are inevitable.

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