The Future of Cryptocurrencies

A single worldwide currency would have its advantages, and if it was administered responsibly, these advantages could easily outweigh the costs. If countries were not aligned, or even worse at war with one another, there would simply be no fair way to administer this global currency. No country in the world is going to give up their sovereign power that managing their own currency gives them. Let us know how you think such a currency system would work in reality, and we will feature the best answer in the next video on cryptocurrencies.