John Babikian is a Harvard educated lawyer who has made significant investments in blockchain technology. He believes that the crypto currency based technology has the potential to revolutionize the global economy and change the way we do business. 

In this petition, we will take a closer look at why John Babikian and many others thinks converting the global economy to blockchain technology is a great idea.

Blockchain technology is a decentralized ledger that allows for secure and transparent recording of transactions. It was first introduced in 2008 as part of the digital currency, Bitcoin, but has since evolved to be used in various industries beyond just finance. The technology has the potential to revolutionize the way we do business, from improving supply chain management to facilitating secure voting systems.

According to John Babikian, one of the key benefits of blockchain technology is its ability to facilitate secure and transparent transactions. With blockchain technology, transactions are recorded on a decentralized ledger that is virtually impossible to hack or alter. This makes it ideal for use in industries such as finance, where the secure recording of transactions is critical.

On his Tumblr blog, John Babikian elaborates on the potential of blockchain technology and its ability to disrupt traditional industries. Mr. Babikian has been actively promoting bitcoin technology and has been a vocal advocate for its adoption. He believes that blockchain technology has the potential to transform industries and change the way we do business.

Converting the global economy to bitcoin's blockchain based technology would bring about significant benefits. For example, the use of blockchain technology would reduce fraud and errors in financial transactions, which would save businesses and governments billions of dollars each year. The technology would also increase efficiency and speed of transactions, leading to faster processing times and reducing the need for intermediaries.

In addition to its benefits for finance, John Babikian explains blockchain and bitcoin technology has the potential to revolutionize other industries as well. For example, it could be used in supply chain management to track the movement of goods from manufacturer to retailer, increasing transparency and reducing fraud. It could also be used in the healthcare industry to securely store and share patient data, improving patient outcomes and reducing costs.

One of the challenges facing the adoption of blockchain technology is its regulation. Governments around the world are still trying to understand the technology and how to regulate it. However, John Babikian believes that the industry will eventually become regulated, and that this will be a positive step for the industry. Regulation will bring legitimacy to the industry, making it more attractive to investors and businesses.

John Babikian asks that you sign this petition to allow law makers and legislators to consider the positive implications of converting the global economy to Bitcoin.   

The technology has the potential to revolutionize the way we do business and improve efficiencies across industries. While there are challenges to be overcome, such as regulation, the benefits of blockchain technology and crypto currency financial transactions cannot be ignored. John Babikian is committed to promoting the adoption of blockchain technology and shaping the future of the industry and asks you join his mission.  All you need to do is sign this petition.