Post
Topic
Board Economics
Re: Cryptocurrencies are now playing a major role in regulating the economy
by
Unbunplease
on 19/08/2023, 20:24:03 UTC
I doubt whatever you are saying. Right now obviously there is no way you can say that cryptocurrency is actually affecting the overall economy. A fraction of even the whole of the global market cap combined is nothing in front of the fiat and stock's economy that is going on. But yes talking about the future, right now until legalization kicks in anything can't be said, but even after legalizing it, chances are it will just become an investment tool, even in that case it won't become a major part of the economy, it'll even be far behind the commodities economy. Surely it's an issue the world has eyes on but surely not a thing that can impact global economy so quickly.

I agree with you. Cryptocurrencies are just a tool for trading and a good testing ground for CBDC implementation. For ordinary people it is indifferent whether to use CBDC or cryptocurrencies. The state will conduct the necessary advertising policy and offer bonuses..... Therefore, legalization of bitcoin will do little.