Post
Topic
Board Economics
Re: If cryptocurrencies disappear - how will your life change ?
by
fuguebtc
on 29/08/2024, 08:10:14 UTC
I have a strong feeling that cryptocurrency is here to stay. From my experience with the global economy, when a market shows signs of corruption, they don’t typically eliminate it; instead, they work to regulate it. With over $30 billion in trading volume, jobs, businesses, and tax contributions tied to this market, economists in first-world countries likely view it differently than some might expect.

It is not just you who feels that way , everyone has that thought and feeling because most of them expect it to change their life or even make them rich  . But after all , it's just our feelings and desires , we don't have enough data to confirm it .

If you're talking about its role and its impact on the global economy and you think it's important, that's not necessarily true. Global GDP is over 100 trillion dollars, of which cryptocurrencies are over 2 trillion and have a trading volume of over 50 billion per day . I didn't even think it would make a significant impact , let alone play a major role in the economy .

In my opinion ,  it is still too early to declare it will last long or will not suddenly disappear...Cryptocurrency is still in its infancy and experimental stage, not yet mature .