Given the advancements of human beings in the era of technology, how do you see the economic system?
From whichever perspective you look at it, please share your thoughts with me
The improvement of lives of the human beings given the growth when it comes to logical and analytical improvement have brought the advancement going to the modernization and existence of the modern technology that we currently have right now. The economic system have improved due to this advancement if you will compare it to the past eras of the human existence. Blockchain world relies on the modern technology we do have which makes it a point to be more accessible for humans to explore this kind of technology and advancement so we can further conclude that the improvement of the economic system that have been boosted by the modern technology have a positive feed back when it comes to the blockchain world.
Right now the system is designed and developed in a way to scam the public. I've used the word scam, because the system looks to be perfect when viewed from outside, but in depth it is bad and has got flaws. These flaws are used to steal the people's money. I state this based on the infrastructure of my country.
Well there is no system that has no flaw. It all applies to all system that is created by people. But I believe system is created to set standards and protects people from exploits but alas many officials exploited this system according to their likings.
I certainly agree on that. Every systems that are man made do really have flaws for perfection is beyond our perception and expectation but there are certain ways possible to fulfill such flaws making it a point that can be manageable.