Post
Topic
Board Economics
Re: Condition poor or not actually what?
by
Cling18
on 20/03/2022, 17:19:56 UTC
There is some other country which economic condition is very poor internally some huge rich monster holding 80% of treasury in those countries but others people are very poor but this country showing Avg income normal. But actually they are not
Poor countries becomes more poor because of the corruption, they might be rich in resources but they are still far from realizing it and because of their incompetent government, people are suffering a lot.

The purpose of cryptocurrency is to provide financial access to everyone, we should always see this as a good platform and should stay away from the government control because this is our only chance to have financial freedom. If poor countries will not adopt crypto, I still see them as a poor country.

This is certainly true, one thing that makes a country really poor is corruption which is actually present in most countries. Instead of using the funds for the people's needs, corrupt politicians would use them to fulfill their own needs. In this case, we could see the importance of crypto as a decentralized currency. If more people would value its importance, we could see a future where financial freedom would exist.