Yugocean
Valued Contributor
Many regulators around the world are still against cryptocurrencies, and have imposed direct sanctions in form of ban, or indirect sanctions in form of excessive taxes, but this way they are hindering progress. Binance CEO, CZ, has claimed that no government in the world is against FDI (foreign direct investment), and that blockchain is a "direct way" for FDI.
All firms need funds, be it is local or international, yet it is not easy to collect it, blockchain gives an easy approach to funds, people can send and receive funds using blockchain without any hassle. Even in war torn Russia-Ukraine, both countries are able to protect their financial needs using blockchain technology.
Progress of technology and economy cannot be stopped, if something have to happen, it will happen; blockchain economy continues at the pace of technological development. Those hindering their own progress will be left out, those accepting it will be able to rise funds and become economic power.
All firms need funds, be it is local or international, yet it is not easy to collect it, blockchain gives an easy approach to funds, people can send and receive funds using blockchain without any hassle. Even in war torn Russia-Ukraine, both countries are able to protect their financial needs using blockchain technology.
Progress of technology and economy cannot be stopped, if something have to happen, it will happen; blockchain economy continues at the pace of technological development. Those hindering their own progress will be left out, those accepting it will be able to rise funds and become economic power.
