Naomi
Elite
- Joined
- Jan 19, 2007
- Posts
- 4,008
- Society
- Rangers
- Avatar Name
- Naomi NP Polder
Currently the PED is connected to the USD. But what with the current economic crisis? The FED has been digitally printing rediculous amounts of money, to buy up the stock exchanges, and prevent/reduce crashes due to the bad economic world situation.
This is forming an enormous bubble, way worse then in 2008, or in 1998.
The obvious solution, to any economist, is a financial reset. More and more rumours are coming out about this actually happening in the near future. In today's world where governments want to gain absolute control, it is unlikely that the dollar will simply be revalued. It is more likely that a digital currency (digital dollar) will be adopted, or created, to which the economy will be forced to migrate.
- The dollar will not trade 1 to 1 with the digital dollar.
- The digital dollar will be bound with smart contracts (read: expiration date on your money)
- The digital dollar wil have conditions of use, (read: you only have access if you are a 'good citizen')
What will Mindark do in this kind of scenario?
How will it affect the Entropia market?
This is forming an enormous bubble, way worse then in 2008, or in 1998.
The obvious solution, to any economist, is a financial reset. More and more rumours are coming out about this actually happening in the near future. In today's world where governments want to gain absolute control, it is unlikely that the dollar will simply be revalued. It is more likely that a digital currency (digital dollar) will be adopted, or created, to which the economy will be forced to migrate.
- The dollar will not trade 1 to 1 with the digital dollar.
- The digital dollar will be bound with smart contracts (read: expiration date on your money)
- The digital dollar wil have conditions of use, (read: you only have access if you are a 'good citizen')
What will Mindark do in this kind of scenario?
How will it affect the Entropia market?
Last edited: