Chaos out the OldWorld
Speculation can be the worst killer in any market. The same can be said in the global economy. Which its intertwined and connected through banks and the mighty $ dollar.
2016 has been a year of uncertainty and chaos for many places around the world. We have seen widespread social unrest throughout the world, as many countries are facing a financial bubble of unseen proportions. That shouldn't be a reason to panic and run to the shelters just yet.
By Katrina.Tuliao - https://www.tradergroup.org, CC BY 2.0, Link
Crypto in the NewWorld
Although most countries know about the financial uncertainties, they can't pull out from the global market for fears of a meltdown and even more widespread social unrest. With the blockchain, some central banks are looking for ways to diversify away from the toxic fiat currencies in hopes for a better world. A recent survey conducted by the Deutsche Bank found that 78 percent of participants see widespread use of the blockchain within just 6 years. It could just be a matter of time before widespread adoption.
Once more and more people see the benefits of joining, they will not hesitate to do so. At that time it will be up to major economies to adopt or stay behind.
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