Post
Topic
Board Economics
Re: Cryptocurrency could benefit the world's economic welfare?
by
frowsiter
on 02/08/2018, 19:30:23 UTC
Canada and the United States economic welfare may come through cryptocurrencies. Canada's Central Bank has published such a paper. Only the economic development of these two countries? Or cryptocurrency can bring economic welfare all over the world.

https://www.coindesk.com/central-bank-crypto-could-bring-economic-gains-bank-of-canada-paper/

What do you think about the economic world of cryptocurrencies?

Crypto currencies are far from what is being imagined in that article here. I think crypto currencies are not capable of doing that because they themselves have no solid support. Leaving behind the whales I can only see weak hands everywhere who use bitcoin and crypto's as medium to earn money and nothing else. As long as it doesnt end up having real use it cant be used for the national development or so called welfares around the globe. That process will get executed later in the time and not just now. This world is yet to understand the best of its characteristic and then we can think about the welfare really.