8. The prospect of converting the worlds monetary system of metal coins and
printed paper into a computerized system of credits and debits is intriguing. Opponents
of the idea regard a digital economy as a dangerous step toward a totalitarian society in
which an elite class dominates an information-starved lower class. My view, however, is
that conversion to a digital economy has far-reaching economic and social virtues that
outweigh the potential risk of misuse by a political elite.
Supporters of the idea of digital cash view the move to a digital economy as the
next logical step toward a global system of free trade and competition. Herein lies the
main virtue of a digital economy. In facilitating trade among nations, consumers
worldwide would enjoying a broader range of goods at more competitive prices.
In addition, a digital economy would afford customers added convenience, while
at the same time saving money for businesses. Making purchases with electronic
currency would be simple, fast, and secure. There would be no need to carry cash and
no need for cashiers to collect it. A good example of the convenience and savings
afforded by such a system is the pay and go gasoline pump used at many service
stations today, Using these pumps saves time for the customer and saves money for the
business.
A third benefit of such a system is its potential to eliminate illegal monetary
transactions. Traffickers of illegal arms and drugs, dealers in black-market contraband,
and counterfeiters all rely on tangible currency to conduct their activities. By
eliminating hard currency, illegal transactions such as these would be much easier to
track and record. As a result, illegal monetary transactions could be virtually eliminated.
A related benefit would be the ability to thwart tax evasion by collecting tax revenues
on transactions that otherwise would not be recorded.
To sum up, I think it would be a good idea to convert current monetary systems
into a system of electronic accounts. The economic benefits, convenience and savings
afforded by such a system, along with the potential to reduce crime, far outweigh the
remote boss ??? at a significant social or political shift toward totalitarianism.
中小学专项治理“校园欺凌”
国内英语资讯:China, Japan should usher in new era of local-level exchanges in 21st century: Chinese state
学生疑因“毒地”身体异常
体坛英语资讯:Chinas Zhang Zhen ties obstacle swimming WR in military pentathlon at Military World Games
上海现“楼市离婚潮”
2019年12月英语四级作文预测:论文抄袭
共和党候选人克鲁兹“退选”
投资“打水漂”?各种拉风的“奇葩公司名称”
中国通过“境外NGO”管理法
一周热词榜(4.4-4.8)[1]-4.8)
欧洲杯开战 英俄球迷起“冲突”
体坛英语资讯:Ukraines Reizlin paves way for Tokyo Olympics with military games win in epee
中瑞建立“创新战略伙伴关系”
“叫车软件”司机劫杀女乘客
中国发布一系列“太空计划”
2050年中国要成“足球一流强国”
体坛英语资讯:China, Brazil to fight for womens volleyball title in Military World Games
“网络直播平台”治理
国内英语资讯:Chinas system of socialist rule of law contains richer implications: law expert
国内英语资讯:China issues guideline for enhancing IPR protection