Post
Topic
Board Economics
Re: Cryptocurrency could benefit the world's economic welfare?
by
Mhd-Bobbi
on 05/08/2018, 16:53:03 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?

I think that does not work for the whole world. Only in countries, with people who also own crypto, benefit from it. There are certainly countries in which people have little or no cryptocurrency, since in these countries the internet is barely or not at all available. Such countries do not benefit from crypto. You can also put it another way. The rich get richer, the poor stay poor. I think cryptos too can not do much about it. If it should be different, I would be very happy if the whole world has something of it.  Smiley
Yes Because there are several countries also prohibit the use of crypto. And I don't think it's possible to help them solve their economic problems. Like my country. Many crypto users in my country. But that cannot change their economic life.