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RE: VYB_POBSTREET 18-1-2022 #17: side effect of cryptocurrency on the general economy

in #leofinance3 years ago

in your own opinion what will be the effect of cryptocurrency is generally adopted worldwide that is if everyone knows and start investing in crypto?

First of all, everyone cannot invest in crypto, not everyone knows the technical know-how. For instance, you see a lot of abandoned accounts created by users on the hive even after seeing how profitable the blockchain is. They still leave because they can not handle how it is done here.

The effect I see, I think the people in crypto will be able to afford what they need and hereby putting more money into the economy. It will take a whole lot of time before you can see many people abandoning their job for crypto.

Because to be at that point take a lot of process and effort, most people get tired of the process and stop.

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So crypto becoming a legal can solve all of this because crypto would be used for physical reward instead of online reward only and people won't quit thier job anymore

That is a possibility in a long term.

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