Post
Topic
Board Economics
Re: The new economic crisis is the transition to crypto.
by
audaciousbeing
on 03/09/2018, 15:58:50 UTC
To date, the economic situation in many countries is in critical condition. Can the next financial and economic crisis be a transition to global use  of crypto currency in international settlements?

Its really hard to ignore and this is discussion a whole lot of countries are avoiding to have which I believe they will eventually. The reason is simple, virtually every economy in the world is facing one challenge or the other and even the ones that looks like they are on top of the situation and able to manage their economic deficiencies to the envy of other countries are swimming in series of debt with domestic pressure coming from all angle which is why it seems what the economic administrators are only applying "Trial and Error" approach.

To transition to crypto would not be an easy task which I don't see it happening anytime soon not in the next decades at that but the countries that would benefit from it are the ones that have started early like Japan, South Korea and the likes while others are having their discussion under the radar, some other have decided the best route to go is to ban. They will blame themselves for not starting early.