Post
Topic
Board Economics
Re: Will crypto solve socioeconomic problems?
by
Xardasim
on 19/09/2018, 19:51:52 UTC
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
I think, not everyone will enter the cryptocurrency world because there are still many people who do not understand about bitcoin itself.
It could be that digital currencies are used to buy goods from other countries if the digital currency is legal in all countries.
But to achieve this, there needs to be a digital currency monitoring department so that there will be no inflation

Older people may experience some difficulty in understanding the Bitcoin. In my opinion, when paper money was created for the first time, it had taken time.
Just we need acceptance by governments. Then we will have a better economy.