Cryptocurrency is essential for the development of a country?
Does cryptocurrency play an effective role in the development of the country? Or does it hinder the development of the country and cause extreme damage to the country?
What do you think about this?
the cryptocurrency itself carries a certain risk for the traditional financial sector, many countries are afraid of cryptocurrencies precisely because of this, but I see some advantages, novelty, idea in this, but the most important value of any country is the blockchain technology, it is unknown how countries will apply this technology.
In fact, if I think that a cryptocurrency is essential for a country, 'because it is entering a market totally different from the others, where the rules are different and everything runs under laws that can be changed with having a lot of money, while a market like the stock market obeys its support and everything that has to do with supply and demand, with respect to the BTC market, volatility must be dealt with in order to have guaranteed success, I think this is the secret of everything, and a country, a The ruler and his people must have this calm, for me it is essential to handle BTC.
I wouldn't go so fas as to say that cryptocurrency is essential for a country's development. Although, it may help a lot it doesn't necessarily mean that it is a saving grace. Countries have survived and developed without it ever since so for me, it is a plus for a country's leader to capitalize in this new innovation to help the economy grow sonce it will largely affect the unemployment rate at some point, but good governance is still the best saving grace.