Gaurav the writer#

  Ever since the inception of currency it has evident many changes. However, with change of time the value and acceptance might have changed but not the importance. But the modern era is witnessing a paradigm shift when fiat money is losing its sheen and crypto-currency seems to have outpaced the traditional mode of transaction altogether. The idea of accepting crypto-currency might seem vague and psychic as a constant debate is going on but the reality might differ otherwise. At least that is what oxford dictionary explains, however the logic is partially correct in economic reference. However, the world is witnessing a radical change when people’s acceptance is shifting from fiat money to crypto. In a recent trend leading global investment and securities firm Goldman Sachs announced to launch its own crypto-currency ‘Stablecoin’. Goldman confirms that the stablecoin is available for institutional users only and not for the public. Goldman Sachs is not the first to advocate the crypto