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All Journal Formosa Journal of Applied Sciences (FJAS)
Rininta Diang Kirana
Universitas Pertahanan Republik Indonesia
Control & Systems Engineering Decision Sciences, Operations Research & Management Education Engineering Social Sciences

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Potential for Social Conflicts Due to the Globalization of Digital Money Rininta Diang Kirana; Pujo Widodo; Kusuma Kusuma; Achmed sukendro
Formosa Journal of Applied Sciences Vol. 3 No. 8 (2024): August 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjas.v3i8.10373

Abstract

With the development of technology, digital money is spreading as a means of payment. The method used is qualitative descriptive. The results of the study show that The growth of social media and the adoption of cryptocurrencies marks a digital transformation in the payment system. However, the shift from cash to digital transactions has also had an impact. On the positive side, transactions are more practical and the risk of theft is reduced. However, there is a risk of system errors and potential social instability in the event of major disruptions in the digital system. The Great Reset agenda supports the use of digital money to improve economic efficiency and inclusivity, but it also poses challenges related to national sovereignty and security. Digital education, proper regulation, and international cooperation are key to effectively managing this complex transition.
Co-Authors Achmed Sukendro Kusuma Kusuma Pujo Widodo