The average life span of a fiat currency is 40 to 50 years and the greenback is now in its’ 44th year. After a US dollar collapse financial experts are talking about the greenback being replaced by a Bitcoin payment system, new world dollar or one world money. The Chinese Yuan joined the global basket of currencies (SDR basket) in October. The SDR basket is a marker for the settlement of global trade. With the inclusion of Chinese currency in that basket a lot of countries around the world may decide they don’t need as many dollars in their reserve accounts. 16 trillion dollars of US treasury bonds overseas are being sold off very quickly. An event like war with Russia or China may make countries like Saudi Arabia decide to sell oil in currencies other than the US dollar. Dumping US dollars will trigger hyperinflation in America and a global lack of confidence in the US dollar will speed up the creation of a one world money digital currency or a gold backed currency. http://www.bloomberg.com/news/articles/2016-10-18/china-holdings-of-u-s-treasuries-drop-to-almost-four-year-low Central banks are liaising with Bitcoin companies like Xapo, Circle, Bitstamp and Ethereum because they all agree that the future of a one world money will include a Bitcoin Payment System and a Bitcoin payment gateway. Andy Haldane, the U.K. central bank’s chief economist who may be a future Governor of the Bank of England is one of Europe’s greatest supporters of a Bitcoin based digital currency. Andy Haldane wrote a speech that is turning into a Bitcoin roadmap for monetary policy and cryptocurrency. Quote from Andy Haldane: ‘What I think is now reasonably clear is that the distributed payment technology embodied in Bitcoin has real potential.’ Litecoin, Dodgecoin, Bitstamp, Ethereum, Circle bitcoin and Xapo are all being evaluated to find the best Blockchain cryptocurrency. Gold and silver are increasing in value because when the US dollar bubble and other Fiat currencies bursts the world will turn towards gold as a digital currency and one world money. Silver is increasing in value as the demand for silver increases and supply diminishes. China used 1 million ounces of silver for the solar power industry in 2003 which increased to 42 million ounces in 2015. Bullion banks like JP Morgan are taking delivery of record amounts of physical silver in the Comex vaults. In one month JP Morgan purchased a whopping 8,300,000 ounces of silver. JP Morgan currently holds around 60 million ounces of silver. What does this mean? No one knows for sure but a new world currency backed by gold and silver is being talked about for this reason. Also a gold standard could be achieved by ending government’s legal tender monopoly and letting free market cryptocurrency and digital currency take over. Electronic gold and silver payments using innovations like BitGold, Goldmoney, cryptocurrency exchanges and cryptocurrency markets will prove that free market digital currency and gold backed currency is viable for everyday transactions.