The Next Big Thing In The World Financial System Is Private Currency

If you have knowledge about currency, money then you will know that the current financial system have many kind of different currency type since ancient time from real physical metals such as copper, silver, gold to fully fiat.

I can tell and guaranteed with you the next big thing in the world financial system is not the digital currency but the PRIVATE CURRENCY.

What is a private currency?
It means that currency will be created by anybody in the society, does not mean it must be “powerful” entity one.

But whether that private currency being accepted by the public, the Government, businesses and other entities or not, it is totally up to the creator of that private currency.

You will have 2 kinds of private currency: domestic vs international.

How to make the Government accept it in natural way?
Even if the Government want to accept it, they must find a real valid reason.
And I think the only way is using the “currency label” tactic like I have revealed not long ago. Because without put currency into correct category with label, there is absolutely no way for any government to accept and legalized it ! Without official legalization, all private currency are worthless, meaningless !

The private currency can have all kind of database structure from centralized to decentralized to mix. And it could be physical asset backed or fully fiat (made by human intelligence one).

If you ask the reason for “private currency” to be appear then my answer is to make life more interesting, to solve the society problem around financial matter, to educate people more about money currency and life.

The private currency won’t able to replace the current world financial system but only the additional one.

I do not see any other direction nor solution other than “private currency”.

Whether you believe me or not, it is totally up to your level of mindset wisdom.

Thank You,
The Bodhi