The World economy was purely depend on the cryptocurrency now,the reason behind this was many people now earning using the cryptocurrency.Some people earning from the cryptocurrency trading,some people by using their social media account and earning some tokens.Some also earning from the forum campaign payment,by many ways people earning crypto currency.The same money was used by the people for using the services in their country.So they are paying the certain part of earning money for TDS and some for the service received from the society.
Perhaps it would be more accurate to say "most people's economies depend on cryptocurrencies" rather than the world economy depending on cryptocurrencies. Because if we compare the world economy with the cryptocurrency market capitalization we are still far from considering that the world economy depends on the crypto market. Moreover, when compared to the current population, it could be said that the percentage of people working in the cryptocurrency sector is not very large - even though it helps the economy of many people, globally the number can be said to be still small.
At the moment, not everyone knows about crypto, but this is very helpful for those who want to earn extra income for themselves, but as time goes by, of course they will teach their generation about how to get and use crypto currency and this will certainly become more Many people know that cryptocurrencies can be accepted in various circles. Of course this requires a long process, but I think one day cryptocurrencies can be used anywhere for shopping.
According to recent statistics, only 4.5% of the world's population invests in cryptocurrencies, which means that people do not depend on cryptocurrencies and the world economy does not even need to exist of cryptocurrency. We are overestimating the role of cryptocurrency in our real world even though it is undeniable that it is providing life-changing opportunities for many of us.
Correct me if I'm wrong, if I remember correctly, our economy is worth $200 trillion and with a capitalization of just $1 trillion. How can it be said that cryptocurrencies are supporting or making an impact on the world economy?
Maybe we can agree to that statistics since cryptocurrency usage is not widely used by many people and its so rare to see some cryptocurrency users on our places that's why we can conclude for now that crypto does not have any affect on economy. Maybe if there's good changes like government adoption and make it a legal tender just like what El Salvador did then we can say that economy has being powered by cryptocurrency. For now we cannot say that since majority of people still doesn't know about crypto and there's less percentage know about its existence.
