This sounds like a good idea but I do not know if a digital currency is realistic. Some less developed do not have the same access to technology and therefore less access to digital currency.
I agree with a framework to regulate currency and stability, but I also don’t see us completely switching to digital currency, given that internet access is not universally available.
A global framework could be unwieldy, difficult to enforce, and potentially a privacy issue and source of inequality for those with lesser means. Still, a uniform means of engaging globally is …Read MoreA global framework could be unwieldy, difficult to enforce, and potentially a privacy issue and source of inequality for those with lesser means. Still, a uniform means of engaging globally is generally good economically and it may be worth a try to have national frameworks that are capable of collaborating–which may be just a step down from a global framework.Read Less
I’m not incredibly educated on digital currency regulations, but I don’t see how this would be a net bad thing. Digital currency is famously volatile and unreliable, which can make global …Read MoreI’m not incredibly educated on digital currency regulations, but I don’t see how this would be a net bad thing. Digital currency is famously volatile and unreliable, which can make global transactions difficult due to its uncertainty. The slow and laborious (partial) transition to digital currency is awkward and might have the potential to harm our existing financial institutions. I imagine global regulation would mitigate this risk.Read Less
I truly do not have enough knowledge on currency regulation, but I do think this could be a step in the right direction in regards to economic stability for the United States. I’m not sure about …Read MoreI truly do not have enough knowledge on currency regulation, but I do think this could be a step in the right direction in regards to economic stability for the United States. I’m not sure about globally due to developing countries not having access to digital currency. There are many pros and cons to implementing a framework for digital currency, so I said maybe.Read Less
While this sounds like a good idea, I feel like large digital currencies are very complicated. I think that some people might be concerned about possible threats to national sovereignty. There could …Read MoreWhile this sounds like a good idea, I feel like large digital currencies are very complicated. I think that some people might be concerned about possible threats to national sovereignty. There could also be a lot of issues with things like enforcement and oversight.Read Less
Yes, economic stability should be the top priority, and a global framework would be a good way to implement this.
This sounds like a good idea but I do not know if a digital currency is realistic. Some less developed do not have the same access to technology and therefore less access to digital currency.
I agree with a framework to regulate currency and stability, but I also don’t see us completely switching to digital currency, given that internet access is not universally available.
A global framework could be unwieldy, difficult to enforce, and potentially a privacy issue and source of inequality for those with lesser means. Still, a uniform means of engaging globally is …Read MoreA global framework could be unwieldy, difficult to enforce, and potentially a privacy issue and source of inequality for those with lesser means. Still, a uniform means of engaging globally is generally good economically and it may be worth a try to have national frameworks that are capable of collaborating–which may be just a step down from a global framework. Read Less
I’m not incredibly educated on digital currency regulations, but I don’t see how this would be a net bad thing. Digital currency is famously volatile and unreliable, which can make global …Read MoreI’m not incredibly educated on digital currency regulations, but I don’t see how this would be a net bad thing. Digital currency is famously volatile and unreliable, which can make global transactions difficult due to its uncertainty. The slow and laborious (partial) transition to digital currency is awkward and might have the potential to harm our existing financial institutions. I imagine global regulation would mitigate this risk. Read Less
Don’t know enough about economics to have much of an opinion.
I truly do not have enough knowledge on currency regulation, but I do think this could be a step in the right direction in regards to economic stability for the United States. I’m not sure about …Read MoreI truly do not have enough knowledge on currency regulation, but I do think this could be a step in the right direction in regards to economic stability for the United States. I’m not sure about globally due to developing countries not having access to digital currency. There are many pros and cons to implementing a framework for digital currency, so I said maybe. Read Less
I don’t know a lot about digital currencies to give an educated opinion so I say “maybe”.
While this sounds like a good idea, I feel like large digital currencies are very complicated. I think that some people might be concerned about possible threats to national sovereignty. There could …Read MoreWhile this sounds like a good idea, I feel like large digital currencies are very complicated. I think that some people might be concerned about possible threats to national sovereignty. There could also be a lot of issues with things like enforcement and oversight. Read Less