RE: Australian Government $17.6 Billion Corona Spending Blitz

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Australian Government $17.6 Billion Corona Spending Blitz

in economy •  5 years ago 

and the extra touch of conspiracy part of me just thinks this whole Cryptocurrency was created so we will just accept an open ledger system when they control THE CRYPTO that everyone has to use.

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Well, if you look at it, cryptos are unneccessary to create a cashless system. It can be done with fiat currency just as well. It is already being done - look at credit cards, or the new "pay by mobile phone" thing in China. Its just normal money booked from one account to another. The problem is, to get rid of the physical money in the real world. It's so unhygenic, isn't it.... :)