While the existence of a one world cryptocurrency isn’t a plausible economic reality, cryptocurrencies can, and do, offer real world value.
A one-world crypto or fiat currency is seductive in its simplicity, but doesn’t serve anyone’s economic interest in the long term.
Is it plausible for a single cryptocurrency to replace all fiat currencies?
That is, can there be a crypto-one-world currency?
Cognitive biases are insidious, and are probably affecting your trading profitability right now.
Here is a quick summary of the ones you must be aware of.
Do you believe that negative outcomes are less likely to happen to you?
Most people do.
Traders who think so quickly find out otherwise, in painful ways.