For a while, I have been thinking about the world economy, and how the distribution of information and data has been in the last decade where institutions rely on the traditional system. The bank has the power to control the flow of financial information and data
Not your keys, not your coins.
Even stable coins can be frozen in your wallet.with Bitcoin and the blockchain, the virtual digital system has changed the way and manner the world financial system operates without injustice to any part of the chain and on a decentralized network.
You should use technical term more carefully. Virtual is a misleading term used by governments or any entity that don't want people get access to Bitcoin and cryptocurrency.
So please don't bind 'virtual' with either digital currency or cryptocurrency
So to this point Bitcoin can be said to be the global digital currency because Bitcoin has no restrictions and is not controlled by anyone.
It is not. I am Bitcoin enthusiast and I know Bitcoin is widely accepted on may platforms, has many use cases but to call it as a global digital currency, it is not. Not yet reach to this phase.