Cryptocurrency in the Nexus of Global Harmonization, Good Governance, and Social Rehabilitation

Abstract

Good governance in all countries that work together leads to global harmony and the healing of society. Virtual currency can be named the universal currency of choice in the modern world, not only for investors, traders, and all kinds of financial and business ventures but also for bad actors. A ray of hope for social rehabilitation is always there, but some critical factors of an adverse nature are causing delays in social rehabilitation and international harmony. Sources of criminal facilitation have been linked to human progress since ancient times. It encourages criminal behavior, which may be why the crime rate is rising. Modern digital technology, on the one hand, is a powerful source of facilitation for humankind in the present and upcoming eras, but its adverse effects are still there. The frequent increase in cyberspace crimes is a threat to the modern age. This study will descriptively review the problem and try to figure out if cryptocurrency is good or bad. It will also look at the things that cause social destruction and how they can be stopped, so society can get better by getting out of a bad situation. It will ensure social rehabilitation in minimum time.