With what you think currently, Crypto currency is one of the major things I think, that has contributed greatly to the growth of a country economy.
It will be totally improper for a country to channel all of its or their sources of income in one direction,the government kicking against crypto currencyus not right and fair from my own perception.
Diversification of economy by not focusing mainly on one major source of income boost and increase the economy to a large extent, as well limiting the losses....in a country tourism, technology, Agriculture and Sports mainly football will grow and boost an economy vastly.....why some Countries suffered during the Covid 19 pandemic is all because they focused and operated in one section to generate income, so boosting of an economy can also be achieved in different ways including crypto currency.
It wouldn't be bad idea if Y'all can share your thoughts and ideas about this from your own point of view.
I beg to disagree. Cryptocurrency isn't really one of the major contributors to economic growth. Most countries aren't even open with the idea of welcoming crypto in their place, hence, invalidating your assumption right away. It can be one of the contributing factors, but I doubt it will be on the top spot because most countries do not really rely on volatile and speculative assets. Right now, the majority of the countries all over the world are relying on different aspects and field of industry to make their economy grow. For instance, the countries in Southeast Asia rely on their agriculture, fishery, tourism, big business, and macro, small, medium enterprises.
Although despite this, crypto really paved way for giving the citizens opportunities to generate income amidst the pandemic, which is a good thing because people aren't only relying on the government alone, but also have a source of income on their own. Crypto can be of great help, some countries have seen that already and I hope more countries would see it too.