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RE: MODERN MONETARY THEORY - can anyone explain major differences between MMT and current monetary system? by chireerocks

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· @chireerocks ·
@crypto.piotr, In my opinion **Current Money 💵 System** is really rigid because it's controlled by the **Banks** and no matter how much we think, at the end of the day **Ownership** is hold by the **Banks**.

I think that current picture of this world is combination and collaboration between **Spiritual** and **Technological** world. Now people are understanding the **Game Of Centralisation** and **Game Of Fiat Money 💵**. Through **Blockchain Technology** and **Cryptocurrency Space** people are trying to come out of this **Cage System**.

In my opinion **Future** is reflecting like a **Hub Of Structured Decentralisation** and by that i mean, before **Use Cases** were turning into a **Market** but with **Blockchain** and **Cryptocurrency Space**, **Use Cases** are turning into whole **Economy**.

But with **Modern Monetary Chain** we can face some issues and in my opinion most vital one is, many showcase **Carelessness** and **Digital Money** means we have to take some **Precautions**. For example, if we take the example of **Steem Blockchain**, here every **Account Wallet** is a bank and if people lose their **Keys** they lose everything in a way. No matter how much we evolve, in every time or phase we have to take those necessary precautions which are real need.

Have a wonderful time ahead and stay blessed brother.
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