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https://forum.staker.network/index.php/topic,965.0.html

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Author Topic: Can Crypto Market Affects our Economy?  (Read 327 times)

shinn1806

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Can Crypto Market Affects our Economy?
« on: October 23, 2018, 12:15:24 PM »

What do you think everyone? Is crypto market directly affecting the economy? If yes, how?
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kissmarx

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Re: Can Crypto Market Affects our Economy?
« Reply #1 on: October 23, 2018, 03:10:34 PM »

If you are referring if it is affecting the economy of countries or the world economy, the answer is no. Not yet, because the daily volume is still low if you compare it with the old markets. Crypto markets size are yet a small piece of the economic pie of this world. The trend though, is towards going digital currency. So I believe there is still a big piece of the pie that cryptos will eventually eat up, making the old ways of trading less significant, and will thereby thus be affecting the world economy in a way we can't yet fully imagine the impact or extent. It is thrilling you know. It will be.
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Soksuci

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Re: Can Crypto Market Affects our Economy?
« Reply #2 on: October 23, 2018, 05:54:30 PM »

What do you mean by affecting our economy?

If you mean by theoretical economy, it won't affect anything because of many things.
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ElvisSponge

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Re: Can Crypto Market Affects our Economy?
« Reply #3 on: October 23, 2018, 11:25:50 PM »

I can't really say yes, But in the future I think, When crypto will fully known to our society. That's the time crypto will affect our economy.
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jackl99

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Re: Can Crypto Market Affects our Economy?
« Reply #4 on: October 24, 2018, 06:02:13 AM »

Hello

It's depend of country some asia country have adopted altcoin and bitcoin in the economy market (thailande etc..)
Maybe sometime in USA and Europe ?
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cammie16

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Re: Can Crypto Market Affects our Economy?
« Reply #5 on: October 24, 2018, 09:20:29 AM »

I think the cryptomarket is not affecting the economy as the economy is base on stock markets. I am not sure what they called it, and economy is based on fiat currencies.
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miltonpogi

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Re: Can Crypto Market Affects our Economy?
« Reply #6 on: October 24, 2018, 09:34:10 AM »

I think yes. Because of the dollars that we get from cryptocurrency, we can help our economy grow because of our exchanges in dollar to local money.
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dablat

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Re: Can Crypto Market Affects our Economy?
« Reply #7 on: October 24, 2018, 10:02:23 AM »

Hello,

Yes I think crypto will affect economy and positively !

It give access to new ways of investing, available for everybody worldwide without intervention of standard banks and institutions with high fees and blockage even if it is your money.

I will give a new input for investing development, fast, open and cheap.
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knggtrrz

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Re: Can Crypto Market Affects our Economy?
« Reply #8 on: October 24, 2018, 11:20:42 AM »

I think as of now no, it is not directly affecting our economy. Because cryptomarket is not using fiat currencies that helps the grow of the economy.
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jackl99

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Re: Can Crypto Market Affects our Economy?
« Reply #9 on: October 25, 2018, 05:16:45 AM »

Hello knggtrrz

I'm not agree with you. This is the beginning but there are already some crypto tools (or methods tokenization) to share the special invest with a lot of little invest guys.
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wolffz0908

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Re: Can Crypto Market Affects our Economy?
« Reply #10 on: October 25, 2018, 08:34:12 AM »

For me whether it affects the economy or not the most important thing is crypto will not affect the economy negatively, because if it happen then most countries will ban the use of cryptocurrencies.
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baobao

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Re: Can Crypto Market Affects our Economy?
« Reply #11 on: October 25, 2018, 09:55:50 AM »

Crypto market isnít that big now. Maybe in ten years it is possible to effect economy. We are still at beginning at Crypto. It need at least another 10 years to see the result.

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mcabrito

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Re: Can Crypto Market Affects our Economy?
« Reply #12 on: October 25, 2018, 11:31:22 AM »

For this moment, crypto is only a small portion and it cant affect the economy. Only few are using it compared to thw investors in the stock market. So,for now crypto is not affecting the economy.
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uno

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Re: Can Crypto Market Affects our Economy?
« Reply #13 on: October 25, 2018, 12:00:50 PM »

cryptos may not directly effect economy in a regulated environments .But is having huge impact on people in some countries like Venezuela,where many are mining mining bitcoin to buy food and household essentials as the electricity there is free
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knggtrrz

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Re: Can Crypto Market Affects our Economy?
« Reply #14 on: October 26, 2018, 06:32:52 AM »

Cryptocurrencies are not legal most of the countries so I dont think it can affect the economy. Also I think compared to all the populations I think only few portion of the population are using cryptos.
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