Economy going up and up everyday

[AlexKr]

I am sure that the role of the cryptocurrency will grow all over the world. And soon we will see wide spread of the cryptocurrency.

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[Gameroid]

I am sure that the role of the cryptocurrency will grow all over the world. And soon we will see wide spread of the cryptocurrency.

The world economy really need to grow, because the increasing population of bitcoin is creating economic problems for the people. it can only be solve if we provide jobs and business opportunities for the people. I am also sure that bitcoin will play a good role in increasing the world economy and will solve all problems related to economics.

[shield132]

Economy is going up and up for certain countries alone and there are many countries economy still at the bottom or in reverse movement. We cannot see the economy only for developed countries and there are other categories of economy like the developing economy and the under developed economy. If all the economy put together and if that is growing, then we can say that economy is growing.

This whole economic growth will happen only if crypto replaces paper currency.

if in my country the economy is always increasing, so it causes most people to be nervous about this. especially if the position of the person is less capable then the economy increases they will feel anxious.

Maybe you don't always think about this but your good economy depends on other's "bad" economy. For example let's take China, a lot of things are manufactured here because it's very cheap to hire workers, for this reason for example Europe's economy rises.
How can bitcoin grow economy? Because it's possible to rise bitcoin's price and that's all? To my mind it can ruin economy because there will never be fair game and price will always be manipulated in a bad way.
I have no idea why people in your country are afraid of economy rise, their capability doesn't matters, it's still good thing.

[Emigham7]

The going up and down of the economy is what makes it interesting. If it's constant or startic, the economy will be boring. As it goes up, new billionaires are harshed and as it comes down,the old billionaires are brought down.

[Ranly123]

I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.


I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.


I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.


What do you guys think? All thots are appreciated!

Inflation rates are rising does not mean the economy is rising too.
Only some parts or some country benefited from this inflation and that is the owner of dollar. I don't think economy s going up everyday in some countries but it would be better to keep pursuing our goals other than focusing on the inflation.

[liseff3]

Cash will never disappear, and the community will continue to be tied and dependent on it, because cash's one of the means of payment that's endorsed by the state, and the majority of the world's people consider it cash's the only means of payment that's safe enough. I think cryptocurrency will be a fairly secure means of payment if the government's present behind it.
The presence of cryptocurrency has changed a lot of lethargic faces (unemployment), into cheerful faces full of activity and creativity, and has given birth to many new economic points especially the wider community. The presence of cryptocurrency gives many new touches in restoring one's human resources, thus making them worthy to be said as a businessperson (not unemployed anymore).

[maculeth]

But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.

In my opinion, your opinion is true. Why ? Indeed, cryptocurrency is now much interested, some people consider cryptocurrency as a valuable asset to them. but cryptocurrency has one weakness that is not the official currency. cryptocurrency is just a virtual currency in the digital world. so this is where another function of cash is to be a medium of exchange for cryptocurrency, so the selling value of cryptocurrency can be used for in the real world.

yes, that's what makes crypto not so strong. crypto has no great influence in its economic role and its growth. so the conclusion is, crypto is still struggling on its own, and determine all its own values.

[deppil]

Personally, I do not know what awaits us in the future, but we can assume that the crypto-currencies will continue to play a big role, and we will increasingly use it as a payment instrument.

I think not forever the economy of a country continues to rise every day because the economy is influenced by many things and especially from government policy. if the government is incompetent in improving the economy then the economy will get worse even the country could just bankrut? bitcoin or crypto only has a small role #imo

[jeronimosuykens]

Economy is going up and up for certain countries alone and there are many countries economy still at the bottom or in reverse movement. We cannot see the economy only for developed countries and there are other categories of economy like the developing economy and the under developed economy. If all the economy put together and if that is growing, then we can say that economy is growing.

This whole economic growth will happen only if crypto replaces paper currency.

Economy is definitely going up for some countries and there are many countries whose economies are still growing slowly
We can not see the economy only for developed countries and there are other kinds of economies as the economy is developing.
These economic growth will only occur if the cipher replace the paper money.
That is perfectly possible.

[Robust Crypto]

Yup.... we are just seeing the bloodshed in the UK/USA stock markets!

[Elexsis]

I am sure that the role of the cryptocurrency will grow all over the world. And soon we will see wide spread of the cryptocurrency.

It will surely happens it's just like our economy right which is getting bigger and better everyday, that's what also cryptocurrency which is known and reliable.

[burakdat]

Yeah just like any other currencies dollar has also its inflation rate. The value of the currency each year decreases so getting a loan on it would be fundamental for you to pay in the next few years as the money specifically USD are getting high demands so its value would also get higher as what you had being implied. And yes it does show that economy is going up and up everyday.

[jordanamg]

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[cjmalicious]

I don't mind  that economy going up regulary.
The economy experiences different phases of development, stagnation and decay, which is continually evolving.
If it's not too much trouble consider the share trading system crumple 1929 or in 2008.
We can take in a ton from it.
The development of the economy ought to be adjusted, in accordance with free market activity.
There is no other way.
Great crypto undertakings will likewise develop, well ordered, relies upon free market activity, I accept.

[tulezua]

The development of Bitcoins and other types of altcoins made the economy more developed with many projects being paid for by altcoin. Many unemployed also get jobs because of it.

[herrzinfakt]

Most countries are still in the developing stage. As a matter of fact, all countries are developing. We have to evolve to move on. Cash will stay with us for a while. It won't be leaving us anytime soon, at least. Most people have developed a fear of using cryptocurrency. Because we are afraid that this is just a "thing" for now and it will go away soon. If it goes away, then they lose everything. Prices, loans, interest rates going up means that we have to find other ways to keep a check on economy.

[aeternus]

Of course the inflation is rising, because the money is being printed NON-STOP right now, with no real value behind it, making people even poorer as before.
Its obvious that this scheme will sooner or later fail, people will loose billions when it happens, just a matter of time now.
I don't think people are addicted to cash that much these days, its more practical to have 5 different cards with money on them, instead of huge briefcase full of money.
Majority of purchases are being carried today through Visa, Mastercard, AMEX and so on, there are not much cash deals going down actually.
Money became just numbers in people bank accounts, and to take it out you have to inform the bank about it, so they can prepare your money.

This is something many seem unable to understand, they do not understand that the power the government has to print as much money as they want is immoral and should be abolished since they are the ones that are the most affected by it but as soon as you say something like people say that I do not support the country and stuff like that, I do not have that problem because I invest in bitcoin but the rest of the people do not and if they want to lose their money to the governments who I am to stop them.

[seneido]

As long as we keep printing money, inflation rate will go up. Without change in the system, the rich will be rich and the poor will be poor. Cash won't go away soon. Like OP mentioned, we are attached to it. We are afraid to let go of something that has been working since early stages of mankind. But evolving is part of being human. We need to adapt to our current technology. The world population has significantly gone up since the 1900's. This means we need new ways to co-exist in this tiny earth. Fewer jobs means we need ways for the unemployed to earn money. Crypto allows that which is a a big plus.

[BitcoinMarketer39]

I think that the world economy is developing, e-money will increase proportionally

Its normal for the economy to increase because it only means that the flow of fiat in your country is really good which people can earn wealth and live an easier life.

[MarieMoore12]

The more the economy goes up, the more commercially oriented companies will push the price of the product to a very high price, and the demand of the people will increase.