CARRE4
Published in

CARRE4

Digital Currencies: A New Tool for Governments and Corporations

Defined by the International Monetary Fund (IMF) and “also called the underground, informal, or parallel economy — the shadow economy includes not only illegal activities but also unreported income from the production of legal goods and services, either from monetary or barter transactions”. Potentially, every one of you reading this article are — or have at some point been— part of the shadow/informal economy, whereby reducing the potential tax due to a nation’s coffers! Who, me? Yes, as you pay a cash tip to someone in a bar or restaurant, pay…

--

--

--

All Things Redefining Humanity

Recommended from Medium

Ethereum 2.0 is Out Now, But Can It Beat Bitcoin?

Zcash: A Privacy-Protecting, Digital Currency Backed by Blockchain Technology

Globcoin Crypto Platform is committed to producing standard monetary containers

Power of NFTs and why they are valuable?

Michael Angelo’s painting, Palace of Versailles

Now That Crypto had its Worst Week, Here’s Where Smart Money is Going

ClearDAO Launches Barrier Option Marketplace on Arbitrum Testnet

#Cryptocoach Day 72

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Jonny Fry

Jonny Fry

#DigitalAssets#Tokens #ChairmanGemini #Fintech #Blockchain #Assetmanager #Speaker #DigitalBytes #Economics @Teamblockchain Twitter:@jonnyfry175

More from Medium

Centralization & Censorship in the Information Age

The current state of the Bitcoin mining industry — 1. Introduction

Digital Assets Are The Future of Value