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A CBDC will not and cannot save weak currencies, it will only change how fiat transactions will be conducted and regulated, and that's about it. That's why I don't really care about things like CBDC, because this is not a new innovation.
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I don't agree with your point, not everyone can build their own business, sometimes it's better for them to work with other people. But I agree, even everyone should be able to allocate their funds to investments, so that in the future the value of their assets can increase (or not).
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It is great to see the Philippine government is open with the development of cryptocurrencies and does not prohibit financial institutions in their country from supporting cryptocurrencies. Hopefully in the future this positive trend will continue, so that crypto adoption will be more massive globally.
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I think that it is unlikely that cryptocurrencies will replace other currencies now or in the future. On the other hand, cryptocurrencies and other currencies will complement each other and will not interfere with each other, because each has its own users and uses. So for those who say that cryptocurrencies will replace other currencies, especially fiat, stop thinking that way because it won't happen.
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There is no certainty in cryptocurrency investing even when you put your money in BTC and there is nothing wrong with investing in ALT either, but as you said "Most Alts vanish in a bear market, the main reason is no fundamentals." and that's true, therefore investors should invest in ALT that does have fundamentals such as BNB, ETH, MATIC, etc., it's better to put money in ALT like this compared to new ALT that focuses on Defi, NFT or Metaverse, because most of this new ALT is ultimately a scam.
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Now more and more young people are interested in working first for financial reasons or want to seek work experience first. In my country, the government is currently intensively building industry and travel, which requires a lot of job opportunities and the impact is that more young people are applying for jobs to fill these vacancies and temporarily delaying their education. This is good, but if it continues like this the country will lack human resources with sufficient education for certain areas.
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the best trained managers with the right skill best suited for the job
It’s impact on developing countries.
Multi-national companies use developing countries as their base ground for manufacturers or we can say for labor forces. Cheap labor, cheap land, and cost-effective transportation are some key points that make developing countries a hot cake for multinational companies. All the telecom companies in Bangladesh are owned by foreign companies. Totally agree with you. Multinational companies only target developing countries to be able to make them as cheap production sites and as potential markets. However, even so, we cannot deny that the presence of MNC's greatly helps the development of technology and economy in developing countries. |
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Choice will depends on many things if compare them. If its about long term profit, then I'll choice bnb. cause after pos update of eth, there's no difference between two. Eth fee also reduced a lot but bnb still charging cheaper. But the main reason for choosing bnb is, bnb still have many facilities to unlock and developed like eth already has. While bnb will take those steps and make complete, bnb grow speed will be more faster
Honestly choosing between BNB and ETH is quite difficult, because BNB is backed by a large exchange, while ETH is backed by a large community. Both have the same potential to grow in the future, but I am more confident in the growth of BNB compared to ETH for several reasons. But even so, I remain optimistic that ETH will also get bigger in the future. |
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It reminds me of my government. Over the years we are tired of floods and built many dams to overcome this, but still flooding is a major problem in our country. Whereas in the colonial era, flooding was not a problem because they built a lot of drainage and the best irrigation system. But because it is a colonial product, our government is reluctant to use it. But now our government has started to learn about the irrigation system directly from the country, and with a combination of innovations, the flooding in our city has started to be a bit less. So the point is to learn from people who already know how to solve problems.
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But we know that most Americans today don't want to work in the industrial sector, the reasons being lower salaries and no career paths. It seems that the US government will re-import labor to meet the demand for workers.
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