Post
Topic
Board Economics
Re: Imagine that economy that we know it today is not needed....
by
darkangel11
on 08/06/2018, 21:03:46 UTC
There are just a couple of people in my country who understand what crypto currency is, so I dont think the bitcoin or it's value affects our economy by any means.

You're underestimating the popularity of cryptocurrencies.

In my opinion, life can not go on without the economy, and if so, people must meet their needs and exchange, it isn't possible. In fact, there were also economies when money was not available, only people were changing their crops or physical works instead of money. But money makes things even easier, and crypto is an advanced model of money.

Life has been there long before the economy and it will be there long after. To be clear, humans aren't the only living creatures on the planet, end even among humans we need at least a basic form of society for the economy to develop. That said, a cryptocurrency won't change the distribution of wealth around the world, won't equalize people, won't make the production and consumption of goods that much different.