Quote from: chip1994 on January 24, 2020, 08:00:10 AM

Quote from: leftgirly on September 12, 2019, 08:21:35 PM

The world economy keeps crashing with many incidence of inflation. What is happening at the moment is a clear indication of a world that has failed the minority. Although the underdeveloped countries could partly be blamed for the high inflation that exists in their respective economies. Would things turn around for good if underdeveloped countries start to add value to their natural resources themselves without selling to the countries with good economy?

the worse the trade, the more a country will not be able to develop and will soon be outdated. I think trade is very important for any country that wants to thrive. But what about countries with poor resources like those in Africa? I think they should be more focused on technology and decentralized markets, because they can get rich with their intelligence without producing anything. There are quite a few rich people who rely on crypto trading, it seems that underdeveloped countries need the crypto market.

We have a limited resources but unstoppable growth of population so that was too hard to develop an underdeveloped country without resources because they will rely on another country if they want to become successful. That was not easy to growth crypto in the whole world because not all person havent any access to technology. That's why we can't say that crypto can burn down fiat soon.