Bitcoin can take the dollar’s place in the global economy

Digital currency can save the financial world from another turmoil. Does Bitcoin have enough potential to disrupt the global economy?

Bank of England Governor Mark Carney is searching for a new alternative, which can possibly replace the US dollar. Looks like it has to be Bitcoin or Facebook’s Libra.

Bank of England Governor Mark Carney insisted on a radical measure, that could save the future of the global economy. Recently, Carney proposed to put something decentralized instead of the dollar at the heart of the financial world. As it turns out, this “decentralized thing” already exists. The answer to all problems may be hidden in Bitcoin.

The main Bitcoin’s rival in this fight might be Libra, the unreleased product of world-known company Facebook. According to some analytics, Libra has enough potential to reshape the payment industry of the future. Others are skeptical — Facebook is centralized and can not provide freedom to cryptocurrency holders compared to Bitcoin.

One thing is clear — digital currencies have been discussed even in the highest spheres of finance. Start your own Bitcoin mining business with Hashmart.io to buy yourself a ticket to a new decentralized future.