Will cryptocurrency invigorate world economy

[Khezo]

What will cryptocurrencies do for economies as they are not attached to governments or banks but will largely be subject to internet demand and flow? Will they create greater wealth-if only for the few? Will they spur on weaker economies once these are less influenced by politics and outside manipulation? (sic)Will governments in fact assume greater control through gaining more information on individuals? If, for example, cryptocurrencies are bartered on internet sites, such as Facebook, how much control will these companies have and will they subsequently devise their own, thereby effectively controlling economies and societies? Will such a future be grim and untenable? Will terrorist groups use them to garner wealth and create greater destructive methods against the world? The possibilities seem infinite but possibly are not

 

[Ekuvero]

The cryptocurrency market's do play a pivotal role in top developed countries like America who are the major buyer and sellers of Bitcoin. government won't really have control of crypto currency globally for example the banned of all bank accounts that need to do with crypto in Nigeria and the imposing ban of Cryptocurrency by the India government, while the Kenya government are trying to legalize it and making it a payment options in their country, it all depends on leaders who have vision and are ready to follow the cryptocurrency trend.

 

[Ekuvero]

The cryptocurrency market's do play a pivotal role in top developed countries like America who are the major buyer and sellers of Bitcoin. government won't really have control of crypto currency globally for example the banned of all bank accounts that need to do with crypto in Nigeria and the imposing ban of Cryptocurrency by the India government, while the Kenya government are trying to legalize it and making it a payment options in their country, it all depends on leaders who have vision and are ready to follow the cryptocurrency trend.

 

[Chibson]

Cryptocurrency is a decentralized entity which takes away the financial power from the government to the citizens. Some countries like Nigeria and India secret to currency as a threat to their own local currency and also their economy. Some countries also see it as a blessing in disguise, therefore it's trying to integrate it into their financial system. So it largely depend on the kind of government a country runs.

 

[springtech]

What will cryptocurrencies do for economies as they are not attached to governments or banks but will largely be subject to internet demand and flow? Will they create greater wealth-if only for the few? Will they spur on weaker economies once these are less influenced by politics and outside manipulation? (sic)Will governments in fact assume greater control through gaining more information on individuals? If, for example, cryptocurrencies are bartered on internet sites, such as Facebook, how much control will these companies have and will they subsequently devise their own, thereby effectively controlling economies and societies? Will such a future be grim and untenable? Will terrorist groups use them to garner wealth and create greater destructive methods against the world? The possibilities seem infinite but possibly are not

Cryptocurrency has brought about a world of revolution. People are making tons of money daily.

 

[Syldan]

Cryptocurrencies could provide a significant benefit by overcoming the lack of social trust and by increasing the access to financial services as they can be considered as a medium to support the growth process in developing countries by increasing financial inclusion, providing a better traceability.

 

[Georgeadawara]

The cryptocurrency market's do play a pivotal role in top developed countries like America who are the major buyer and sellers of Bitcoin. government won't really have control of crypto currency globally for example the banned of all bank accounts that need to do with crypto in Nigeria and the imposing ban of Cryptocurrency by the India government, while the Kenya government are trying to legalize it and making it a payment options in their country, it all depends on leaders who have vision and are ready to follow the cryptocurrency trend.

The world of crypto currency are taking amportan rolu the eole of the crypto currency are not control by any government but it's control it self so it is good to be into crypto.

 

[Daykas]

The role of crpytocurrency in the world as at now is not something to downplay. It has been a new source of wealth to people,a better way of having full access to your funds without someone else interference

 

[Deleted member 27126]

What will cryptocurrencies do for economies as they are not attached to governments or banks but will largely be subject to internet demand and flow? Will they create greater wealth-if only for the few? Will they spur on weaker economies once these are less influenced by politics and outside manipulation? (sic)Will governments in fact assume greater control through gaining more information on individuals? If, for example, cryptocurrencies are bartered on internet sites, such as Facebook, how much control will these companies have and will they subsequently devise their own, thereby effectively controlling economies and societies? Will such a future be grim and untenable? Will terrorist groups use them to garner wealth and create greater destructive methods against the world? The possibilities seem infinite but possibly are not

Sure, it will because it has the ability to. But this will only be possible provided the world see the importance of cryptocurrency. Without cryptocurrency there will be a lot of payment barriers between countries.