Quote from: AniviaBtc on April 05, 2020, 10:56:49 AM

Quote from: Sanugarid on March 10, 2020, 02:12:19 PM

Quote from: airdnasxela on March 10, 2020, 12:38:07 PM

Cryptocurrency and even blockchain can give a big part in globalization because through this technological advancement, it helps country to have transactions internationally. It makes it easier to transact with people in other countries. And that's what globalization is all about, connecting people across the world for stronger economy. Technology leads to greater globalization and cryptocurrency is a product of technology.

If we would define globalization, it is the overall exchange of products and service from different countries with the help of technology. Blockchain and crypto can simply be an example of the advancement of technology, it is the new generation of the world's monetary system which makes things easier and more convenient. Being said, it would really be a great help for the improvement of the globalization leadong to the rise of global economy.

Quote from: slashz9 on March 10, 2020, 02:57:10 AM

it will help because it makes transactions easier for different countries, because their currencies are different.
so using crypto will be easier not need to convert how much to pay first because crypto is connected to all fiat currencies, for example someone sells goods at a price of 0.1 btc then the buyer only needs to prepare 0.1btc no need to compare currency rates his money against the seller's currency.

Amidst the differences in currency we can all be united through using the same cryptocurrency when making transactions from other countries. There will be no hustle upon exchanges that's why it is way more better for us in terms of globalization. New ways will lead to new progress.

How can we achieve globalization if we can't promote mass adoption in our own country? The only hindrance here is the government that is against the use of cryptocurrency. Your definition of globalization is not enough, it is a process where you have communication or connection between companies, and authority, a process where trade and investments are manipulated by information technology. It is hard to achieve if will not make any contribution or action so that the society will understand the advantages of cryptocurrency to our community. It should've start with us so that the people who surrounds us and our environment should adopt and become knowledgeable about the use of cryptocurrency for investments so that we can achieve the globalization that we are rooting for.

The government is not ready to legalize cryptocurrency because they are not ready for a decentralized system, which the government cannot control like a fiat currency. indeed this will be a different matter in different countries. when developed countries are ready to use it, many developing countries still have problems with money laundering in their countries, so this is very risky against corruption by officials