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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 334 times)

dunnno

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Re: Can Crypto Market Affects our Economy?
« Reply #15 on: October 26, 2018, 09:02:21 AM »

This market still is in diaper. World economy will always be ruled by gold and fiat. You'll see some trends in some years, but not todays
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maflec0713

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Re: Can Crypto Market Affects our Economy?
« Reply #16 on: October 27, 2018, 02:19:12 AM »

I dont think cryptocurrency can affect the economy for it is digital. Maybe some transactions in the online market which we are not paying taxes but I think some online shops are now paying taxes. So it is the same that we are paying taxes. But earning big by millions without knowledge of banks is different. For they cannot monitor our wealth because we control how much money we widraw.
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Jolithune

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Re: Can Crypto Market Affects our Economy?
« Reply #17 on: October 29, 2018, 07:45:08 AM »

I really wish that cryptocurrencies will affect our economy, in coubtry with a lot of mafia, it could be great to pay police with cryptocurrency better than cash
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Pivooooo

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Re: Can Crypto Market Affects our Economy?
« Reply #18 on: October 29, 2018, 04:07:02 PM »

It is impossible to predict the result of such transformations. Too many factors and variables that affect development make it difficult to assess the results. You can expect a complete failure or an innovative breakthrough in technology and economics.
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ATrsh29

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Re: Can Crypto Market Affects our Economy?
« Reply #19 on: October 30, 2018, 02:43:58 AM »

Maybe, It will affect the economy soon, if people/community from poor to richest around the world starting to adopt cryptocurrency in the future. But it depends on what country you are now and what government or politicians are going to do with this kind of problem 'affect our economy'.
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cammie16

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Re: Can Crypto Market Affects our Economy?
« Reply #20 on: October 30, 2018, 10:28:11 AM »

I think it will all be base on how the countries governments will accept cyptos and how they will gain more profits from regulating it, that time maybe cryptos can affect the economy.
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yumei88

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Re: Can Crypto Market Affects our Economy?
« Reply #21 on: October 30, 2018, 11:14:14 AM »

In some part of the world yes, but I think the governments dont mind now if cryptos can really affect their economy, but they do admit that cryptos is a threat.
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arafat

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Re: Can Crypto Market Affects our Economy?
« Reply #22 on: October 30, 2018, 12:22:04 PM »

I don't think so because many country not accept cryptocurrency
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RuJuliette

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Re: Can Crypto Market Affects our Economy?
« Reply #23 on: October 30, 2018, 01:09:35 PM »

The crypto market can not affect much our economy, maybe it will change next years but now all cryptos together have too small capitalization compared to the World Economy :( 
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IWNOIJODIHOH

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Re: Can Crypto Market Affects our Economy?
« Reply #24 on: October 30, 2018, 04:52:40 PM »

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

For perspective, Goldman Sachs estimates the economy will hit a total of 100 trillion dollars soon.  For comparison, CoinMarketCap says (as of this writing) that the crypto market represents 203 billion.

The size of the crypto markets are so small compared to fiat markets, any affect on the economy is minimal.

However, everywhere you look, infrastructure is being created to support a crypto economy behind the scenes, especially by the big banks and corporation.  Eventually, the masses will notice (or be told crypto is safe now) and the crypto economy will begin to take off and rise in value.


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sherwinsamsung

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Re: Can Crypto Market Affects our Economy?
« Reply #25 on: October 30, 2018, 05:17:57 PM »

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

right now, crypto is not affecting the economy much, but in the coming decade, crypto will be used by almost all people on daily lives.  the economy will rely on crypto to make the payment economy flow smoothly. banks will use blockchains, as well as other large institutions.  governments will issue their own crypto currency to replace the fiat.
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mcabrito

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Re: Can Crypto Market Affects our Economy?
« Reply #26 on: October 31, 2018, 12:13:37 AM »

No, cryptocurrencies are not affecting the economy now actually I think even the transactions or the use of cryptos havent really affect the flow of countries economy.
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mryoso1994

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Re: Can Crypto Market Affects our Economy?
« Reply #27 on: October 31, 2018, 12:51:00 AM »

What do you think everyone? Is crypto market directly affecting the economy? If yes, how?
if it will become more accepted by more countries,it can affect the economy
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Quasimodo

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Re: Can Crypto Market Affects our Economy?
« Reply #28 on: October 31, 2018, 07:41:41 AM »

This market still is in diaper. World economy will always be ruled by gold and fiat. You'll see some trends in some years, but not todays

Although cryptocurrency is widely accepted in the future, it can not affect the economy. Because it is only a means of payment.
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shinn1806

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Re: Can Crypto Market Affects our Economy?
« Reply #29 on: October 31, 2018, 10:43:31 AM »

Economy of each country cant feel that existence of cryptocurrencies so anything that will happen in cryptos will not affect our economy, for now maybe.
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