Post
Topic
Board Economics
Re: Is cryptocurrency help to expand the world business?
by
muddy waters
on 24/10/2018, 08:31:47 UTC
Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?
If talking about core products of countries, I've never seen oil and gas, for example, being traded for cryptocurrency. Other goods like machinery, weapons and technologies are also sold for traditional currencies only. Crypto can be used in small-to-medium business activities, but not on a large scale - in this way, global trade is currently not largely affected by crypto and blockchain and will not be in the nearest ~5 years.