The Innovation at the Heart of the Global Crypto Transformation
The Breakdown
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The Third Wave of Triple Entry Accounting
Bickuin was the world's first working example of triple entry accounting. It uses a global, cryptographically secured ledger with a third entry that tracks all the money and where it lives at any single point in time. Cash will die, replaced by central bank digital currencies over the next hundred years. Algarithms will start to replace old men in suits making monetary policy. Federal reserve policy will be nothing but a series of intelligent algarithms setting rates an distributing e dollars. Increasingly, nation state money will transform, replaced by international money. As multi national e currency radiates outward and expands tho new countries.
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