Wendy McElroy: The Narrative and Philosophy of Cryptocurrency | Fintech News

“The central banks of Britain, Japan, the euro zone, Sweden and Switzerland have grouped as much as assess potential use instances for digital currencies. Speak of such currencies gained momentum after Fb introduced plans final yr to introduce a cryptocurrency known as libra,” – CNBC. Within the gentle of such developments, it’s evident that those that view crypto as an engine of freedom are shedding management of the narrative.

Additionally learn: Why Consumer Expertise Is Crypto’s True ‘Killer App’

The Narrative That Powers Peer-to-Peer Digital Forex

“The narrative” is a vital idea as a result of those that command the narrative are most certainly to find out the result. As soon as carefully related to political correctness, the time period has gone mainstream in recent times. The narrative is the story of one thing—a difficulty, an thought—however it’s greater than merely relating the details of a matter. In postmodern philosophy, from which political…