Post
Topic
Board Economics
Re: Boost of a countries economy
by
LUCKMCFLY
on 17/09/2021, 18:53:38 UTC
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.

It is that the diversification of the economy will be a fact in a few years, since El Salvador has already begun, but some countries or the rulers of many countries must accept that they will no longer be able to steal and commit acts of corruption as before, but rather have to accept that the Progress will come at any moment, it is a current, if they do not accept the crypto world they would be becoming very outdated, what OP describes is the ideal, but to reach something similar it takes a lot of effort on the part of politicians, banks, among others .

What you describe, I put a period of no more than 10 years and that we are at least living in two types of economies about to merge, which is the traditional one and the one offered by Btc and cryptocurrencies.