Post
Topic
Board Economics
Re: impacts off cryptocurrency
by
yndye
on 10/12/2017, 09:23:16 UTC
what are the social and economic impacts cryptocurrencies have ?
and how will this affect third world and poor countries because of their limited access to internet and modern technology?

Cryptocurrency has been a big help for people living in third world countries because wages are low that's why finding a second source of income is not new and earning in cryptocurrencies is a good option to do so. Doing the signature campaigns and other campaigns may not be that much for those developed countries but for those living in third world, it is a big help because it can supplement their income.

There are students who were able to study without their parents financial support because they are already earning for themselves and those that are having day jobs have another source of income which is a big help to pay the bills. Those who are unemployed were able to find have an income and others even consider it as their full time job now because income from earning bitcoin is bigger than the income they earn from day jobs. Internet may be a problem but for the people who are willing to do something, there would always be a way.