Post
Topic
Board Economics
Re: Can bitcoin have a positive effect towards a country facing recession
by
jossiel
on 10/11/2022, 09:40:40 UTC
My region has been deep into economic instability and facing economic crisis in various aspects and I want to know if there is any way bitcoin or crypto currency can help resolve the problems and revive the economy? I know that  bitcoin  didn't  come to the world  to take over fiat currency but is there anyway bitcoin  can resolve it?
It will be one of the ways to make someone's living go up. But to be whole dependent to bitcoin for your entire economy to get up, it won't be enough.

Bitcoin won't be the only thing that will help to resolve that. If we're talking about an economic crisis then it's going to be composed of many sectors that has to help each other.

But that's a good thought that you have as it means you're really believing on it so we does. But, we have to embrace the reality that it's just not enough.