There are many good things about globalization. The blending of cultures and races creates a global human family that could live in more harmony and peace with each other and the planet. The challenge is that globalization—as we know it—doesn’t work well enough. There are too many people who are not enjoying its fruits and benefits. But that could change with this one new technology: digital cryptocurrencies like bitcoin. The decentralized blockchain empowers individuals and local communities and creates peer-to-peer opportunities crossing borders without requiring users to sacrifice individual autonomy or privacy. This new technology could allow billions of marginalized people to enter the global economy through financial inclusion.
This new technology could make globalization work for everyone
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