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Mid Mess Fair ID: eef658 There Are Many Different Ways To Implement New International Digital Currency System Aug. 14, 2022, 11:23 p.m. No.17396633   🗄️.is 🔗kun

There Are Many Different Ways To Implement New International Digital Currency System

Source: https://midmessfair.wordpress.com/2022/08/15/the-are-many-different-ways-to-implement-new-international-digital-currency-system/

 

https://midmessfair.blogspot.com/2022/08/there-are-many-different-ways-to.html

 

https://www.youtube.com/watch?v=3OQGYyC-QS8

 

There are more than 1 way to have new international digital currency system that can accept by the people and authority.

 

But the must compulsory condition is that the new digital currency must be stable and have little to no change in value in long time.

 

And those condition can only be archive when:

– There are endless supply of new digital currency on the market. Plus 1 out 2 condition below:

 

  • The big businesses, big tech company must set the standard value of that new digital currency from that beginning such as 1 digital bit = 1 USD or digital bit = 1 Euro.

 

  • The official exchange partner set the standard price and all the buyers sellers will must accept a same value that link the stable fiat money paper or the average of top high value currencies on the market.

 

Another issue and conflict is do they want and allow money laundering or not.

If do not fear of any money laundering, then all each new digital currency account can send money to each others so only able to use the digital currency to buy direct good product services, while if not then do not allow them send digital money to other account.

 

The easiest way to have a new international digital currency system is:

– All big tech giants companies such as Google, Microsoft, Amazon, Apple, Sony, come together to build a system then use it like a new alternative payment.

– The system could have 100 trillion digital bit, and each 1 big equal 1 USD.

– All those companies will from now accept 1 digital bit = 1 US dollar in all transaction.

– The reason is they want to avoid middle man the bank card companies, so the people able to receive better rate, saving more money in that chaos inflation society.

 

Some discount such as 5% to 10% for whoever pay with the new digital bit currency.

 

But how the people from all nations can obtain those new digital bit currency?

The company in the USA, and you have customers from Japan, Korea, Vietnam, Germany, India, etc. who can only using credit debit card to buy goods products services.

 

The answer is via local banking transfer.

But since it is very complex to build and setup 1000+ different bank account in all nations and manage it, so the only solution is give free digital bit all to all the public people in all nations, then let them sell it to whoever need.

 

The alternative is seeking local company partners and give them free certain amount of new digital bit currency with some contract. But this is a risky because they can get away and steal the new digital bit currency due to high value.

 

So the best way is giving new digital bit currency to the whole public people.

 

too long,…

read at:

https://midmessfair.wordpress.com/2022/08/15/the-are-many-different-ways-to-implement-new-international-digital-currency-system/

 

https://midmessfair.blogspot.com/2022/08/there-are-many-different-ways-to.html

 

https://www.youtube.com/watch?v=3OQGYyC-QS8