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RE: Cryptocurrency: Just What The Economy Needs

in LeoFinance5 years ago
I agree with this statement:

If too many tokens are created without a use case (value), then they will die. Sure they exist but they are basically nothing. With nobody using them, it is as if they are not there.

Token will lose much of its value when we can't used it for real-valued services and product. The success of crypto lies in how will the masses adapts it.

Cryptocurrency has the ability to provide a 15%-20% annual growth rate in the global economy.

I hope people realize what it can bring to economy in general. I know some people is afraid of what they don't know. If they just give cryptocurrency and blockchain a chance to understand, they will surely love it. Sometimes, cryptocurrencies are promoted as quick-to-rich scheme. And, some scammers try to milk people by promoting a pyramiding scheme (especially in developing country, nut not all).

Cryptocurrency will enable us to transition to a place where more of our economy is based upon the virtual.

As the global workplace became virtual, cryptocurrencies may have a good chance of adaptation, but I don't see it sooner. I look forward to the time crypto became mainstream.

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