ncy , Digital DeFi the future of fiat
AS GLOBAL INSTABILITY ONCE AGAIN TIPS LEADING ECONOMIES ON THEIR HEADS , WE EXPLORE THE ROLE
OF CRYPTO AND THE FUTURE OF FIAT CURRENCY
WRITTEN BY : JOANNA ENGLAND
“ AUTOMATION GOES HAND-IN-HAND WITH THE NATURE OF CRYPTO BECAUSE OF HOW IT EVOLVES ”
CHRISTIAN NENTWICH CEO , DUCO
A fter two years of pandemic pandemonium , the world could certainly do with a break . But as ongoing and new conflicts continue to destabilise global supply chains , energy supplies and economies worldwide , the impact on businesses and personal finances has never looked more gloomy .
However , one area of the market that looks set to benefit from the current strife is decentralised finance and cryptocurrency . As fiat currencies – those issued and controlled by national banks – suffer meltdowns , more businesses and individuals than ever before are turning to digital , peer-to-peer alternatives .
Global economy and financial destabilisation Many experts have been left shaking their heads as the chaos of current events shows no sign of abating in the coming months . The political upheavals caused by the pandemic and the recent onset of open warfare are both impacting heavily on all financial areas .
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