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RE: RE: The USD Isn't The Reserve Currency
25
@taskmaster4450le
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1 min read
Blockchain is actually the innovation. It is the Eurodollar system's foundation.
It all comes down to the ledger. Right now, the bankers control that. If we understand that the monetary system is a combination of accounting with communications, then we see how blockchain serves that role.
Then it is up to us, instead of the bankers, to create whatever forms of money we decide to.
We are taking over their role.
With that, it makes sense to keep the USD as the unit of account since that is what 4 generations of people understand. But as with the Eurodollar system, there is no USD currency involved.
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