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Japan jumps on the crypto-currency bandwagon as their largest bank tests digital money
Statistician and financial analyst Dr. Jim Willie has been saying for years that the future of sovereign currencies would be one where there are two separate forms of money… an international trade currency which is backed by gold, and a domestic currency that is both devalued and dedicated for internal use.
The methodology on how this would take place is as yet to be determined, but on June 15 the largest bank in Japan may be writing the blueprint of such a two-tier currency system as they are now experimenting with a crypto-currency they hope would compare one to one with the Yen.
from The Daily Economist http://ift.tt/1UGzdSo , news , insurance , credit cards , legal , work, sports , artists , car , home , entertainment
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