Move Aside Bitcoin, it’s Time for GovCoin!

The rise of Government-backed digital currencies

Photo by Bermix Studio on Unsplash

There has been a mad dash for Bitcoin, the so-called future of money. The value of Bitcoin has soared and even institutional investors bought it in hordes. But, what is Bitcoin backed by? nothing really! And its success is quite flimsy — as a single tweet from Elon Musk drove down its value by 17%. While the…