Post
Topic
Board Altcoin Discussion
Re: The future of cryptocurrency during this pandemic
by
Masyudhi
on 19/05/2021, 00:17:43 UTC
i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a  serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves. 
What is the cryptocurrency family doing to support their own community at this perilous time.

Really ? I don't see the point of 'printing more fiat money' to support their health.
I think printing more fiat money only makes their people richer, but doesn't make them healthy, except they put the money to research vaccine.
On the other hand, cryptocurrency may have a good future if people going to use it more than using fiat money.
When fiat currency is printed, especially for the need for economic stimulus, its value experiences inflation. Instead, crypto tends to lead to deflation. Due to existing supply restrictions and increased demand, crypto's value took off.
it only applies to some crypto assets. a theory like that you cannot enter for all crypto assets.
in fact, many crypto assets have an unlimited number. they only depend on market demand. when demand increases, the price can increase. but if it is the other way around it can decrease.