Quote from: Triffin on November 18, 2019, 06:53:39 PM

Quote from: BonfireBob on November 15, 2019, 01:29:31 PM

Quote from: Wysi on October 27, 2019, 11:03:11 AM

What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?

Both, some people gain millions from BTC and other Crypto investments, and some of people lost everything they had on the ICO bubble. So IMO it can make economy better and worse

Now ICOs are not exactly crypto currencies and the usage of these assets at a large scale will definitely improve economy. Even at present, anyone who invests in the right coin like bitcoin and then use it in the beneficial way, is able to improve his financial status. It is totally up to us, common people, whether we are willing to help ourselves by investing in bitcoin and altcoins or not.

Every investment that has potential market value that sustains for long term, can help the economy. Choosing the type of coins which to be included in our sets of holdings, was quite not easy since it involves more risk. The only ways to deal with those pressures, was picking those highly recognized coins which bitcoin is one of the top and others may follow as well.