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Please write down your thoughts after reading the paragraphs ie. agree or disagree and why? (Min 5 sentences 150 words + ) From the recent

Please write down your thoughts after reading the paragraphs ie. agree or disagree and why? (Min 5 sentences 150 words + )

From the recent era, I strongly believe that our currencies and economic system will slowly transfer into the "cryptocurrencies" and "bitcoins". As the TED Talk, the people, nowadays, are not trust the bank and government to save or loan the money. Instead, they choose the company use the real money transfer( saving) into the online payment, because they believe they are more stable. The most important is that, in this currency, with the highly develop of high-tech device and technique, the online coin do bring a lots of convenient to the human society. Due to both of advantages that I mention above, the online coin do substitute the real money slowly. The real example in my life and very impressive me is that, in China, the most common and popular software is called WeChat, and every people will download it on the phone. Not only it can use to chatting, but also, it can pay for the products in every Chinese market instead of using the crash, or bank card.

So, what is the role of the government and bank under this currency? As all we know, the government and bank are on the same alley. When the online payment do threaten the main position of the bank in this society and ruin the bank system and services, the government will definitely setting the rule at the first time to protect and defense the main profit of they alley. So, in my word, the government will be the role who interfere, or even stop this currency.

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