Post
Topic
Board Economics
Re: Boost of a countries economy
by
Hippocrypto
on 17/09/2021, 23:34:52 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.


Democratic country shouldn't be harsh on people with Independence on their finances, because their asset would literally go towards spending on local commodities. If they're going to use their money on local products the entire country will benefit. The circulation will still continue, as individuals have to convert their cryptocurrency to fiat cash. Economy still continue to grow even though government will not implement a strict regulations towards individuals who used cryptocurrency as their life sustaining income.