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241  Economy / Economics / Re: China will rule world as economy king after crisis end? on: June 03, 2020, 05:40:27 PM
Indeed, the pandemic caused minimal damage to the Chinese economy. Perhaps China developed this virus in the laboratory just for that. But what will happen to China after the pandemic is over, the countries will start an investigation in the direction of China, perhaps the investigation will give some conclusions, and then China will have to admit its guilt. At the moment, there is not enough information to blame China. I advise you to follow the news, perhaps soon we will learn something new.
242  Economy / Economics / Re: Fiat Vs Cryptocurrency, which would you choose? on: June 03, 2020, 05:23:53 PM
I am a fan of cryptocurrency and I believe that cryptocurrency is the future of the digital economy. Already in the world stores are open offering their services in cryptocurrency; Paying at these stores is easy and convenient. Cryptocurrency has many advantages over paper money, so it can improve the economy of any country.
243  Economy / Economics / Re: Bitcoin as a leading currency? on: June 03, 2020, 04:53:40 PM
I think that in a few years Bitcoin may well become the main world currency, but now it is far from the case. In order for Bitcoin to gain popularity around the world, people must perceive cryptocurrency as the main currency, pay for food, services and so on. For this, it is necessary to promote projects supporting cryptocurrency.
244  Economy / Economics / Re: Banks would suffer till at least 2025, according to IMF on: June 02, 2020, 03:53:25 PM
Banks with a low capital stock and a high share of loans. If loans were previously issued for the weakest sectors - transport, tourism, restaurant and hotel business. Such banks will suffer and may close after a pandemic.
245  Economy / Economics / Re: More Evidence of Coronavirus as Financial Reset on: May 31, 2020, 07:40:47 PM
I believe that the virus was not created by chance. Indeed, the whole world claims that the virus was developed in China, but countries are holding to the last so as not to flood China with litigation. Time will pass and countries will begin to investigate the appearance of this virus and why it was created.
246  Economy / Economics / Re: Crypto Taxation on: May 30, 2020, 12:18:35 PM
I think the government should regulate cryptocurrency on a reasonable scale. However, the government of some countries considers cryptocurrency as a means of replenishing the country's budget, and therefore they begin to introduce taxation, as a result of which small investors suffer. But still it is necessary that countries regulate cryptocurrency!
247  Economy / Economics / Re: What is the best Cryptocurrency to Invest? on: May 30, 2020, 12:04:59 PM
To find a coin that you can invest in, you need to carefully study the project for developing this token. It is best to invest in projects that have many sponsors and people who see the future in this project. Do not trust third-party sites that advertise any ico projects, most often these are scam projects.
248  Economy / Economics / Re: The unfortunate event that is Quarantine. on: May 29, 2020, 11:17:21 AM
On the one hand, a pandemic has caused enormous damage to the economy, but on the other hand, a pandemic has greatly benefited nature. Because of isolation, people stopped littering, lighting a fire in nature, and so on. In short, the pandemic allowed nature to recover.
249  Economy / Economics / Re: Crypto is becoming legal in my country! Any business idea? on: May 29, 2020, 11:09:15 AM
Congratulations! In my opinion, the best idea is to lead all people to cryptocurrency and earn them yourself, it is to open your own store where all goods will be sold for cryptocurrency. At first it will seem strange to people, but then they will gradually begin to pay with cryptocurrency, because it is really very simple and convenient.
250  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: May 29, 2020, 11:02:22 AM
Yes of course; naturally. If people start using cryptocurrency instead of cash, it will greatly simplify the way of buying any services. During a pandemic, it is really necessary that people do not get sick. It all depends on the government of the country, if it really legitimizes cryptocurrency, then it can become a means of payment in the territory of this country.
251  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 💣get ETH, USDC, TKP, YOUC [YOUengine] 💣 McAfee supports [Round 2] on: May 28, 2020, 07:04:17 AM
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252  Economy / Economics / Re: What online service / product would you buy in this recession ? on: May 24, 2020, 09:09:54 AM
Now it’s best to buy something for which the demand is not great now. Some stores are on the brink of ruin and are beginning to sell all their products in order to at least somehow recapture the proceeds. For example, electronics or home goods stores. I do not recommend mass buying essential goods since the demand for it has remained the same or has increased several times.
253  Economy / Economics / Re: How Will the current pandemic affect the crypto market? on: May 24, 2020, 09:04:08 AM
And the most positive thing is that COVID-19 did not entail the closure of enterprises and unemployment. This once again proves that the demand for cryptocurrency does not depend on the world market and human activities.
254  Economy / Economics / Re: Did COVID-19 Bring Any Positive Sign? on: May 24, 2020, 08:58:13 AM
Of course, but COVID-19 brought both positive and negative points. Some people now lose their jobs in different firms and enterprises, this is due to the fact that the owners of companies have nothing to pay people.
255  Economy / Economics / Re: What would a Crypto-only economy look like? on: May 23, 2020, 07:00:54 AM
I totally agree with you. In our harsh world, cryptocurrency cannot yet enter the world market. This is due to the fact that the blockchain system is difficult to implement in the economy. If the government decides to introduce cryptocurrency into the economic system, what will happen to people? In the end, the blockchain system is completely autonomous and can operate independently of banks and payments, which will lead to unemployment and riots that the government cannot stop.
256  Economy / Economics / Re: Is it possible to live without banks? on: May 23, 2020, 06:50:00 AM
If the whole world is switching to cryptocurrency, then most likely yes. People will be able to live comfortably without the services of banks. But in fact, the system will not change that way. When switching to cryptocurrency, banks will also begin to use cryptocurrency as a means of payment. Representatives of large banks will not allow the crisis of their companies.
257  Economy / Economics / Re: Americans hoarding cash doing more harm to their economy? on: May 16, 2020, 06:38:27 PM
I do not think that citizens' money can stimulate the economy. The well-being of people should be important for the country now, many citizens have become unemployed, they even barely have enough money for food. How will these people stimulate the economy?
258  Economy / Economics / Re: Crisis after the epidemic on: May 15, 2020, 02:10:41 PM
It depends on the degree of development of the state economy. The virus has hit the economies of many countries, it will take time to restore the situation in the country. People begin to say that states intend to raise taxes in order to somehow stabilize the monetary circulation in the country. I hope that wage cuts will not happen.
259  Economy / Economics / Re: The Coronavirus as A Means of Financial Reset on: May 15, 2020, 01:54:30 PM
Of course, all data about the virus is strictly classified. Blaming China for the development of this virus is dangerous. Surprisingly, in China, the peak incidence has long passed. This means that China was ready for such a situation. We will follow the news, perhaps after preventing the epidemiological situation, countries will begin investigations where we learn something new.
260  Economy / Economics / Re: Get ready for more tax. Save your BTC! on: May 14, 2020, 02:02:58 PM
The amount of taxation may increase, but the government introduces this only to stabilize the economy. I do not advise you to make various transactions during a pandemic. Wait, the market situation should stabilize.
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