Op Ed: Blockchain Can Make Globalization Work
De-globalization is not just about Brexit and rising U.S. protectionism. It is much more than that. It's a pervasive negative attitude regarding globalization that includes various autonomous and sometimes antagonistic movements, such as anti-Western universalism in Eurasia, anti-federalism in Eastern Europe, Piketty-type neo-Marxism in Western Europe,....
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Since the implementation of globalization, AOFEX has established branches in Canada and Japan and received excellent outstanding results in local and surrounding regions, thus building a multi-region crypto market system including West Europe, North America, East Asia along with the Headquarter in the United Kingdom. On October 15, 2021, AOFEX officially launches its India Branch […]
As the USD’s reserve currency status crumbled, the U.S. will abandon globalization and adopt a bitcoin standard.
Globalization has occurred to people, products and corporations — but what about our money?
Joseph Stiglitz, Nobel Prize-winning economist recently said that the U.S. should phase out fiat currency and move toward digital currency, at the World Economic Forum’s Annual Meeting in Davos, Switzerland. Speaking in the session called Ending Corruption, Stiglitz said that phasing out money and introducing digital currency has ‘benefits that outweigh the cost,’ in the long term. He states by saying: You can put it into the context of one of the big issues being discussed here in Davos this year is the backlash against globalization, the darker side of globalization. The lack of....
In the last few years, we have seen a boost in interest in universal basic income schemes. The idea for it is not a new nor a radical concept. It first appeared at the beginning of the 16th century in the work of Thomas More, Utopia. For centuries governments around the world have been exploring the potential of universal basic income in easing the vulnerabilities of working people exposed to threats of transforming the labor market. The recent growing experimentation clearly shows that there is a need to find effective solutions to alleviate the perils of globalization. Opinions are....