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How has cryptocurrency impacted the world economy?

Teegold

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Some countries are still of the view that cryptocurrency should not be adopted, a major example being China. But what they don't understand is that cryptocurrency has actually had a significant impact on the world economy in a number of ways. Firstly, it has created a new asset class that has attracted a lot of investment from around the world. And investment not solely based on local currency is definitely interesting.
Secondly, it has led to the creation of new industries, such as cryptocurrency exchanges and blockchain technology companies which has in one way or the other contributed to economy in forms of tax, employment and so on.
Thirdly, it has had a significant impact on the banking sector, as banks are now starting to offer cryptocurrency-related services. And finally, it has led to a number of countries starting to regulate cryptocurrency, which could have a major impact on the global economy in the future.

We have no reason to fear using cryptocurrency, instead we should make full use of it as it can be a major pathway to global economic growth.
What is your view on this?
 
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Anymore I mostly view Crypto as cash that people can invest into. Nothing that should be feared, but also something that probably shouldn't be thesin currency for a nation. Honestly I find it's current position as an alternative payment option to really be the best spot for it.
 

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