Crypto Currencies - Solution for dying Economies

[aliraza6663]

Countries of third world are being controlled by powerful economies. They are always at the risk of Financial recession. Many Countries have valuable natural reserves or potential to do progress.

country which has oil, gold minerals and tourist places but do not have enough funds to invest on these project. So to bring some investments a coin may be introduced for development in these fields and sharing profits with all coin holders. just like current system of issuing bonds by governments.

[conevenibary]

That's indeed a good solution. Some governments are thinking of issuing coins for the development as well. The third world will get a nice amount of the fund if they use ICOs and coins for the development issues and promote that well in the whole world.

[m.awanda]

Yes, you are right. Cryptocurrency is the best solution for dying economy and best investment ever. Because cryptocurrency is more profitable than any other currency and it has a huge potential over the world economy.

[bixorastexante]

I think it is so partly. Blockchain and cryptocurrencies can make economy better but not save it. We, i mean peoples, humanity, organizations and governments - need to use our resources effectively, and using cryptocurrencies is a good way or big step to effectively using our resources.

[Gekkoo]

The cryptocurrency proposal is actually to improve the financial system. In specific terms it is a method of recycling and accelerating the monetary system engagements of the people, company or even a nation. I agree% 75 on the theme, but also believe that cryptocurrency is able to drastically change the history of world economies and this may not be healthy.

[Aigerim]

I think Cryptocurrency is the best way of recovering economic damage. Since Cryptomarket is a profitable place where investors can invest a little money for a big amount of profit. And it is a trustable market too.

[crenfrosck]

In a current situation of a long bull market is the economy of almost every country in the world blooming, but this can turn around very quickly. Non-superpower countries with their own currencies might be at a great risk and they would be in recession in basically no time. Turkey is struggling already and Argentina, India, Brasil can expand the list of countries with problems. The problem is that the government have no assets backed by anything valuable. Gold would be a good idea, but a crypto network is not the worst one, though. Who knows if any country would use this method in dangerous situations and how would regulations be applied in this area. Right now, we should be happy for a great situation full of endless opportunities, but a plan B in the pocket is definitely a nice thing to have .

[ijsera82]

The vast majority of the current payment transactions strategies require high transaction charges. A large portion of them charge 10-20% for transactions fee. This is particularly high given the unsecured idea of these exchanges. KitTokens is wanting to make exchange costs more reasonable for venders and merchants.

[Virtuxq]

you're wrong. giving up their money will lead such countries to the collapse of the economy because the cryptocurrency is not stable and anonymous, such a country will lose income to its budget.

[BTCPair1000]

Economic system in the world are controlled by a strong framework and whenever the structure breaks, it is much harder to turn over. Here Cryptocurrency is a big strength for recovering the breakdown structure. Cryptocurrency gives more profit from a little investment.

[CoinMarKetHW]

great ideaa. i appriciate your thinking. to make their country financially powerful they should think about this.

[ShakingCoin]

there are some countries who are suffered economically. but they have enough resources. they should allow crypto currency to enter on their currency. then their currecy will be economically strong.

[TungayETH]

cryptocurrency are more popular and its use world wide. if third world country use it they should do something good. it will make their capital and more profit in future. i think it will be make more profit in future.

[weisner]

Crypto could be one of the most powerful solutions about a dying economy.
Because with valuable crypto it will be able to fulfill it and reduce deficiencies.

[RottenSteel]

it will be a good news for crypto if third world country use crypto to collect their capital. in this country are more probable and secure for crypto. they should use it for collect capital. its future are very good.

[NyxAssasin]

your right crypto are more probable and potential. if third world country use crypto currency to collect capital they should do something good. it is very good sign for crypto. it future are more bright.

[CrazyBTC7800]

unfortunate but it is true that world economic condition is not very well and no-one could find a stable solutions about it but if we try cryptocurrency than it could bring a positive impact and make revolution in the future economical situation

[blu.storm]

The economies of almost all countries are controlled by strong powers such as banks and governments, the only way to evade these controls is to begin to use cryptocurrencies on a continuous basis to have control over own savings

[santino11]

Cryptocurrency gives opportunity for the people who dont have a job.
for the people who are stying in house because of taking care of their kids.
This really opens opportunity to all the people, which can help the economy.

[Akselrod]

Countries of third world are being controlled by powerful economies. They are always at the risk of Financial recession. Many Countries have valuable natural reserves or potential to do progress.

country which has oil, gold minerals and tourist places but do not have enough funds to invest on these project. So to bring some investments a coin may be introduced for development in these fields and sharing profits with all coin holders. just like current system of issuing bonds by governments.

It is very difficult to implement because of the possible big machinations in this system. Due to the fact that the world community has not yet accepted this, individual states are in no hurry with the decision. This is a rather difficult decision, it is worth more prepared for this issue.