Post
Topic
Board Economics
Re: Will crypto solve socioeconomic problems?
by
0xBitcoins
on 20/08/2018, 06:45:48 UTC
Although crypto can not solve all economic problems in society. But it will solve some problems in some aspect of the economy. It will be the economic stimulus for social development.

To an extent it can help towards reducing the problem if not fully it can solve it. It is important for the people to get the income through different sources which can help you to make money and raise your standrad of living. For those unemployed get the employment benefit and becomes self dependent.

What I have learnt so far from my experience and observing the world around me, I think that it is not possible for bitcoin or any other asset to change the economy and financial status of a person until or unless that person does something productive. Anyone who will indulge in bitcoin and do work will improve his living standard and this is doubtless.