Economy going up and up everyday

[max fray]

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.

In normal countries it is absolutely OK to have low interest rates (2-5 per year) in exchange for the greater stability of the banks.
Here in my country we have annual interest rates close to 20% (for the local currency), but that't just the price of the greatest inflation we ever had over the past 15 years.

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[momoore1989]

Thinking 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.

[kemetz]

Thinking 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.

The existence of crypto itself is very helpful and makes our future more organized, especially in terms of their personal economic aspects. does not rule out the possibility that in the future if crypto itself develops better, it will be used more for legitimate payment systems and will be able to replace cash in real terms. Yes, I agree with you, indeed for now, cash is still everything for people in this world.

[PlusOne88]

I don't think evetything will just keep rising in the economy, though values do in terms of price but it doesn't mean that the economy is really doing well. The money that is made doesn't have to come baseless and out of thin air. It has to have something that could hold as a value like resources that could be valuable like gold. Bitcoin and other cryptocurrencies might fit in the idea of currency from thin air because it is just a piece of code being run on a computer and networks of it. But the value is represented by fiat which is giving it life and the change of price being supported by its demands. Therefore it is still fiat currency dependent and will go up or down with it. Which makes your idea that money or cash will never be lost and will go side by side with cryptocurrency.

[HH3AExiter]

Yes, it is true that cryptocurrency plays a vital role in the economy and community but cash also matter because it is the main ingredient of a successful economy.

[gambitcoin53]

I don't think evetything will just keep rising in the economy, though values do in terms of price but it doesn't mean that the economy is really doing well. The money that is made doesn't have to come baseless and out of thin air. It has to have something that could hold as a value like resources that could be valuable like gold. Bitcoin and other cryptocurrencies might fit in the idea of currency from thin air because it is just a piece of code being run on a computer and networks of it. But the value is represented by fiat which is giving it life and the change of price being supported by its demands. Therefore it is still fiat currency dependent and will go up or down with it. Which makes your idea that money or cash will never be lost and will go side by side with cryptocurrency.

ever heard of mining? you cannot say bitcoin comes from thin air and has no value, just a piece of code? if you look at the total market, it is moving up and down, imagine how many bitcoin are on the users wallet, hodling it, and look at the supplies, it does not go empty, we can say that it is a bubble if the demand is high but the supplies are getting low. we can see that even the demand is high, still the supplies are up too.

[The_Dark_Knight]

the economy is now declining, the economy is now unpredictable, we have to save the economy, because making money on bitcoin is now very difficult.

You have to save yourself, let the politicians and economists that caused all of this trouble to try to figure out how to solve this problem and how to save the economy, I do not care I have bitcoin I know that I'm going to survive this and if there is a crisis I know that I'm going to even benefit from it so if they want to crash the economy that's fine for me.

[ngano ba]

When we talk of economy , it is in individual countries , that is true there are countries that economy are growing and going up everyday but sad to say that there are also countries that strugling in their economy ,so this goes well with cryptocurrency ,there are coins that are going up everyday there are also coins that struggle to survive especially this red market seasons.

[Coin-1]

The economy of the leading countries which pursue the correct policy is going up everyday, but the world economy isn't increase so much. Yes, currently the national fiat currencies of the most countries are significantly falling against USD and EURO. In any case, the overall crypto exchange market is still small compared to traditional stock markets. In my opinion, the crypto currencies have their own economical field for individuals from all over the world.

[Eigig]

This economy will for every nation , because in the first world countries their economy is always going up everyday because of their powerful resources that make their economy always on the move, while the third world countries are surviving for their economy to goes up because of limited resources, so economy will always be growing for places where officials are not corrupt and honest to their people.

[wasaisi]

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!

Of course, because every developing country, therefore, the existing economy is developing as well. Like me before I knew my economic crypto currency was not as good as now.

[gandame]

It quite good that the economy going up everyday but sad to say that bitcoin and other coins are going down and many investor are quiting to crypto because the price of bitcoin is getting down especially ether.

[andriarto]

It quite good that the economy going up everyday but sad to say that bitcoin and other coins are going down and many investor are quiting to crypto because the price of bitcoin is getting down especially ether.

Hopefully the market passion will increase again, so investors quickly rise and i read in tweeter that there are investors who invest funds of around $ 193 million in bitcoin, maybe this is a good sign

[xabre]

I am not focus on economy how growing every day, I care when bitcoin and altcoin will growing up ? I have waiting for long time with bitcoin become on higher price at $20,000 and seeing altcoin will be pump.

[setialovers]

I am agree that crypto in the future will be new safe haven. Right now, many people think gold is safe haven but bitcoin is digital gold for some people and its a store of value. I am believe in the future, bitcoin will be safe haven when economic crisis happen

[Google+]

This world economic condition will continue to grow every day because everyone has realized that the existence of a cryptocurrency can make the assets owned grow, so that many people are curious and interested in buying bitcoin in the hope of becoming rich in the future.

[nightfury]

If the cryptomarket is just traversing on the bullish trend then economic growth of a country can be one of the beneficiaries of it. While people are lavishing on the crypto profits, they have the freedom to buy whatever they want.

[nealdlover]

Your opinion is correct now. Nowadays, technology is developing so many people know about BTC, it is their precious asset but it is not considered as official currency in some countries. Thanks to electronic money, the world's economy is growing day by day. This is an economy worth living.

[matchi2011]

If the cryptomarket is just traversing on the bullish trend then economic growth of a country can be one of the beneficiaries of it. While people are lavishing on the crypto profits, they have the freedom to buy whatever they want.

Relatively right, when the market of crypto start to rise the end beneficiaries are the economy of each people who do earned from their investment, as they will used their earnings buying things inside the countries  they are residing with, for sure it will help the  economy as implemented taxes are accompanied by those things that they've bought, hopefully it will continue to rise and bring decent earnings.

[Agniya]

I also really hope so. I think the growth of cryptocurrency will help the growth of the economy as a whole. Although and indirectly.