Crypto currencies have been seen to be beneficial to the economy globally. It has helped reduce the rate of unemployment especially among youths and most times, i can't help but wonder why a ban was placed on it in some countries
Cryptocurrency comes with lots benefits that can't be stated in full here, but most notably; it offers swift and hassle-free transactions. Its a hedge over inflation hit country for an individual into it. With crypto no need of carry money up and down, you can simply do one time transaction and pay for an item using your coins.
Certainly cryptocurrencies have many benefits for the global economy and I believe that it has also helped people to overcome poverty to some extent and cryptocurrency is a modern invention, which has certainly helped many people.
The world is greatly going to benefit from a decentralized ecosystem in such a way that government can no longer be able to steal money or mismanaged funds without the audience knowing.
Certainly cryptocurrencies have many benefits for the global economy and I believe that it has also helped people to overcome poverty to some extent and cryptocurrency is a modern invention, which has certainly helped many people.
Yes , that is the function of cryptocurrency but so many world leaders do not see it that way but rather they are focusing on the tiniest disadvantage it's might beings.
The benefits of cryptocurrencies for the global economy are thought to range from lower transaction fees for the online exchange of money,
to increased protection from identity theft due to the secure nature of cryptocurrencies.it is also thought that cryptocurrencies Will help break down the barriers to finance in developing nations for example, cryptocurrencies could easily be accessed via mobile phones in countries without baking infrastructure.
Crypto currencies are decentralized that is why people love it more than fiat, if crypto rises it mean people's power increase, I think it will change everything in global economy.
