Quote from: Odusko on Today at 03:44:11 PM

Quote from: tokyohd on October 12, 2021, 10:12:34 AM

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?

Cryptocurrencies can develop a county by providing job for jobless youths instead of them doing nothing they can start trading with bitcoin, it can also damage a country economy by leading to inflation if bitcoin price became too high,so it has both advantage and disadvantage.

In the question of the necessity and usefulness of cryptocurrencies, it is necessary to distinguish between such usefulness and necessity for the state and its government, as well as for citizens. For citizens, of course, cryptocurrency provides new opportunities and is very useful. I hope that over time, people's interest in cryptocurrency will only increase and its need will grow. But for the state and its government, cryptocurrency creates more problems and is minimally useful for them, but not necessary. States will not widely use cryptocurrency. On the contrary, they will try to regulate its circulation in the country as much as possible.