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Author Topic: The new economic crisis is the transition to crypto.  (Read 477 times)
Andreina0107
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September 12, 2018, 04:56:14 PM
 #41

What exactly are you expecting switching cryptocurrencies will solve a economic crisis? From what I know a economic crisis or a global recession happens naturally and is like a reset for the market, nothing can solve it but it will fix on its own. We may see that several marjets are down due to people loquidating their assets in the need for money but the truth is switching ti cryptocurrencies now won't really change or do a positive thing for what is happening right now.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Harrisonimo
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September 12, 2018, 04:57:18 PM
 #42

To date, the economic situation in many countries is in critical condition. Can the next financial and economic crisis be a transition to global use  of crypto currency in international settlements?


I do want to agree with you in line with this that when the cryptocurrency market wakes up again not only to restoration but with a purpose of bringing in the adaption of the various altcoins; into their full purposes/functions.
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September 16, 2018, 06:07:40 PM
 #43

What exactly are you expecting switching cryptocurrencies will solve a economic crisis? From what I know a economic crisis or a global recession happens naturally and is like a reset for the market, nothing can solve it but it will fix on its own. We may see that several marjets are down due to people loquidating their assets in the need for money but the truth is switching ti cryptocurrencies now won't really change or do a positive thing for what is happening right now.
We know that economic crises happens from time to time but what people are predicting is that we are going to see a crisis that is going to be unlike any other, it is going to be a crisis that threatens all the system and if that indeed becomes true, then the next crisis is going to be big enough to threaten and even destroy the current economic system and if you think that is impossible the last time this happened was in the seventies so it was not that long ago.
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September 16, 2018, 06:54:43 PM
 #44

I think it's too early for us to talk about the global transition of the entire financial world to the crypto currency.
Still a lot of issues need to be solved with the security of the crypto currency so that the countries seriously think about using bitcoin.
sanimu461
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September 16, 2018, 07:02:11 PM
 #45

maybe it could also happen, but I personally crypto sector will not experience or be affected by the economic crisis because crypto has a different system from the world economy now
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