What are some flaws in our current financial system?

in #finance6 years ago

View the original post on Musing.io

Some of the flaws are corruption, money embezzlement and bribery.

These are the three flaws I observed in our economic system. They just love to steal the money which affects the developing of the economy. It has really affected the development of my country because the powerful leaders embezzle huge amount as much as possible because they knew they are the one in power.

I think crypto economy may solve this crisis and it may lead to a great change in the economic system. The only disadvantage is just that what if the crypto start falling due to bad market? This will also affect the development of the economy.