Post
Topic
Board Bitcoin Discussion
Re: Would a Crypto Based Economy Make Things Safer?
by
agentx44
on 03/01/2020, 16:30:02 UTC
As the state of economy does at times really influence levels of crime and social aspects in any community.

Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.

If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/

Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?

Your thoughts why or why not?
We can only make assumptions for now since there are no state yet that fully regulated crypto to help their economy and give a fair fight for everyone regardless of the level of the society they belong to. Having a crypto based economy can still be dangerous at some point since crimes and illegal transactions can be easily done with the use of cryptocurrency under the black market but still if this thing would be handled through legal actions and monitored transactions, maybe at some point, it can help a state have a better economy and equality among its citizens.