Four misunderstandings of digital currency -Part 2

Si Gyeongmin

Oct 14, 2021

As we all know, the specific positioning of digital communities is different. There are social platforms and shopping platforms. Amazon is the online shopping giant, of course, there are ticketing giants, distance education giants, and so on. However, to this day, not only has there been no all-encompassing super community, but also no all-encompassing economic community.


It is true that the economy and society have not appeared, nor do they expect to appear, an industry-wide digital economy giant. Since the representatives of the digital communities feature different community activities and are independent of each other, it is difficult for the digital currency of each community to naturally circulate to other communities and develop into digital currency. Therefore, even if a community currency realizes cross-border circulation, it is still difficult to realize cross-community circulation.


Digital currency should not be limited by the community. The competition, cooperation, and mutual penetration of various community currencies will eventually form an overwhelming digital currency. What determines the future direction of each community currency is not the size of the super community, but the power of cross-community demand.


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