Post
Topic
Board Economics
Re: Cryptocurrency could benefit the world's economic welfare?
by
so98nn
on 15/08/2018, 16:15:14 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?

One of the key issues here would be the cost of implementation. Most of the developing and third world countries where this welfare is most needed lack the proper infrastructure needed for the wide use of cryptos.

But if these countries do find a way to implement cryptocurrencies economically, it would surely revolutionize their overall consumption and GDP figures.