Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Jayjae22 on July 29, 2020, 06:07:12 PM
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
Cryptocurrency is unlikely to close. Time should not be spent on this unnecessary idea. Because the number of crypto currency users is increasing day by day. So the government of most countries has approved cryptocurrency. If that doesn't happen, it's still a way to get more involved with the cryptocurrency economy. There is a lot of news about crypto currency. If the cryptocurrency market goes down, many big investors will lose money.
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As much as i like cryptocurrency, i don't think it will be the end of our life, the life we know if we don't have cryptocurrency.
We've been without it till late 2008, so ... no big deal i guess, but ig you mean " how it's going to be after we know it then Bam, crypto vanish ", well that can really suck buddy, because it changes the lives of many out there to the better good.
the good thing is that crypto won't vanish anymore, it's part of the reality & it's a matter of time w see it as we see Microsoft Windows versions during the last decades lol, nothing that will change this simple fact about crypto now.
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Personally, I don't know what will happen to the economy. But I know exactly what will happen to me. I will be very upset. Because I can no longer imagine my life without crypto.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
Life without cryptocurrency like boat without rudder. I don't pass a single moments without bitcoin, Ethereum and others cryptocurrency. So i think cryptocurrency is my heart and soul.
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Cryptocurrency is not the main source of human being.
It is not the reason why we exist and why we went to school and study.
It is not the main source of life, happiness, income, relationship, and economy. Nevertheless, cryptocurrency help the economic development to engage into another room for digital marketing, aspect, transactions, etc.,.
In other words, without cryptocurrency we remain alive but the world of digital transactions wouldn't be made as what it is today.
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Actually we don't have to imagine anything :)
Just don't have access to crypto forums, don't take part in transactions, don't follow coinmarketcap.com, don't invest in crypto, don't talk about crypto, don't care about crypto projects, we can Enjoy a world without the presence of crypto like most of humanity at the moment.
Crypto is still just an idea being realized, it has not yet participated much in the economy, the capitalization of the entire market is even smaller than Apple's capitalization. Believe me, everything will be okay, because most people are used to using fiat and under the economic manipulation of governments.
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I don't want to imagine life without crypto ;D. It's so unlikely that crypto space will just vanish, it's almost impossible because it has become part of our lives, alot of people studied and have a career in crypto field as well. Technology might as well vnish as well as they inter coexist. Let's just say MAYBE it vanishes, we will adjust and won't make a significant impact on world economy though.
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One thing we should know is that people have been living even before the crypto knowledge came, if the crypto peraventure closes it will be a sad story and it will be like something is missing in our daily life, for now it will be difficult because the cryptocurrency are growing everyday with new technology.
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Our life in Vietnam has not changed much since the advent of crypto. There are occasional scams in the form of ICOs, STO, lending, staking, and mining, but we consider it to be a mutation of traditional frauds. In Vietnam, owning or trading crypto is thought to be illegal, so most people still live well without knowing anything about crypto.
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If this happens we will always survive. The dynamism of life is designed for adjustment and we will always adjust.
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Cryptocurrency is a little big new thing in the world. Previously, there is no cryptocurrency. The cryptocurrency booming was because of the existence of the BTC in 2017. Personally, I think that if there is no crypto in this world, the world will be the same as previously, no much interest in online activities, no many people that love being happy with online media, and no many investment types.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
I think if the Crypto currency stops, it will not have an impact on the economy in this world, the number of people who understand and use cryptocurrency in this world may be only 20% of the total population of this world, so it will not have any effect at all.
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I've been with cryptocurrency for a while now. I say from experience in a few days, that my life without crypto is meaningless. I want to live with crypto. Because I have never seen more advanced technology. So I rely on blockchain and cryptocurrency a lot. 75% of my income comes from crypto. So I took cryptocurrency out of my mind, which can never be given up. If anyone can know the details about crypto then the pronunciation from his mouth will be crypto carrier much better. So I want to be in the crypto market all the time.
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Humans are obsessive in their habits. We have a tendency to do things 100% or not at all. Cryptocurrency, like all of the best things in life, is best enjoyed in moderation, but that’s easier said than done.
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Crypto is an additional source of income to every, enthusiast around the globe, and crypto has graetely help many people to get a good income and make a leaving.
In my opinion, i think that crypto will eventually become a world wide accepted means of earning income in few years from now, and the generations to come.
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Crypto market is really change the life you of invester and holder . I believe that if their isn't any Crypto currency their would not any new projects running . Life is like simple , at this time we focus on study for a good job ☺️
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Life must go on.
Crypto is part of human life and gaining popularity as the day's goes by. Important to have cryptos because it gives open opportunities to everybody who wants to try this matter. But without crypto human history will be back to old payment system in terms of digital crypto payment transactions anywhere in the world.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
Crypto currency will shut down the economies of some developed countries. Because the economies of developed countries are strong but cryptocurrency is a big part of their economy. So I'm 6 I never imagined that cryptocurrency would be closed. I know about the enormity of cryptocurrency. How do you do that? I do not understand that. So I know the future of cryptocurrency is very beautiful.
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Crypto is an additional source of income to every, enthusiast around the globe, and crypto has graetely help many people to get a good income and make a leaving.
In my opinion, i think that crypto will eventually become a world wide accepted means of earning income in few years from now, and the generations to come.
It should be borne in mind that the enrichment of almost all participants in the cryptocurrency market cannot last very long. The law of conservation of energy says that if something arrives in one place, then in another place it must proportionally decrease. Finances also cannot come out of nowhere and accumulate constantly. For now, we must use our chance to make money on cryptocurrency. Nobody knows what will happen next. However, you should remember that it is not worth keeping all your savings in cryptocurrency.
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Perhaps many of you are too pessimistic already :)
After many crypto-related scams like Ifan-Pincoin-Alocoin-Ilcoin... most Vietnamese people believe that crypto is the cause of their poverty & the world will be good. than if there had never been a cryptocurrency.
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Nothing will happen if the cryptocurrency will abruptly disappears, because cryptocurrencies have appeared only recently and even a small part of the world uses cryptocurrencies and cryptocurrency technologies, so nothing serious would have happened.
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According to you title, life without cryptocurrency will definitely be hard for so many people. Many are surviving now thanks to cryptocurrency. It will surely be difficult for so many to do without it. Looking at the industry now, it worth fortune. I don't see crypto coming to an end. It has come to stay.
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I don't think it has an impact on the world economy because crypto is mostly done by individuals or groups of people who have a lot of funds
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I don't think it will have a big impact in all country in the world but it will have an impact in a digital world investment field. As crypto has become a part of wolrd's digital asset, there are already many people involved in this industry.
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The presence of Cryptocurrency does provide new solutions about payments that are easier and faster, with Cryptocurrency we can also benefit because we can invest and trade. But if I stop cryptocurrency we will not have a big impact on life in the world, because before there was cryptocurrency we can also live normally.
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If crypto currency stop then absolutely an interuption will be occurring in crypto wrold. Many investors invest in different types of currencies. Here we see that economic circle has been made. People get earnings from it. If it is stop then millions of people get down from economically. In this stage with out crypto,can not thinking.
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Cryptocurrency is a currency systems without hardcopy of paper money. Cryptocurrency now a globally recognised phenomena. I think cryptocurrency is a economic systems of cryptocurrency friendly countries japan, America, Australia, India, Canada, Estonia and Malaysia, Malta. So life without cryptocurrency is fully impossible.
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Big impact of the economy? I think no. Without cryptocurrency the economy will not damage, crytocurrency is just a virtual money so if crypto ban in some countries they can use digital money.
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I don't want to waste my time to imagine in unnecessary thing. Yes, I think your subject is totally unnecessary. Cryptocurrency is gradually covering the whole world. Everyday investment is increasing on this field. More and more people are engaging in this field. Countries are gradually permitting it for transaction. So, there is no possibly of life without crypto.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
Nothing will happen if there is life without crypto currency, because initially, life has always survived before crypto currency; crypto currency only brought ease of doing business to us all; making international payment system fast, easy and convenient too. That is why it is often said that crypto currency are alternative payment system in most cases.
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Will the economy before the existence of crypto different so much/ Cryptocurrency is one of the industries in this world. It may not give big impacts on all countries in the world. But it will impact the country that really concern with the crypto world.
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Normally, when trading with electronic money, you need time to confirm, at most it is only a few hours, much faster than with interbank money transfer. Besides, with cryptocurrency, we can trade at any time including holidays
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
I doubt it will happened. Lets say for example it did, the economy will be somehow cripple in the process. How many billion dollar are on the cryptomarket and imagine if its sliced just like that? Im sure economy will bleed too. But as I have said, itd gonna be next to impossible for this to happen knowing more people are invested on it.
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without cryptocurrency, human life would be very difficult. Cryptocurrencies make any transaction easier, and money transfers are simplified through the use of public and private keys for security and privacy purposes. This transfer can be done with minimal processing fees, allowing users to avoid the high fees charged by traditional financial institutions.
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Today, cryptocurrencies have become a global phenomenon known to almost everyone. While there are still some that do not recognize it, some banks, governments and many companies are aware of its importance. Without cryptocurrency a lot of banks would have to close
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I do not think that this can happen now as massively developments and infrastructure has been developed to use crypto worldwide now rolling it back will be huge loss but it is not possible considering the decentralized nature of the cryptocurrencies.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
We just imagine the conditions were the same in life before Cryptocurrency, so everything will be fine. Perhaps those who will experience a big influence are people who have been dependent on cryptocurrency for their lives.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
I don't think so because there are still few cryptocurrency users...
I'm more personal. if the cryptocurrency disappears then I will just be a household wife as usual. :D
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Crptocurrent is part if me and not sure I will abandon it soon.
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I think it won't have a big impact on all countries in the world. But yes, it will have impacts on many people who are involved in the crypto business. It is true that crypto can be disappeared anytime, we must think about it. But I doubt it can be easy to disappear as it has already become a part of human life now.
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I think everyone wants to freedom & enjoyfull spend their life.so crypto currency is the best platform for wonderful desire. Lot of countries are legalised this currency. I cannot believe crypto currency has shunt out the market. But it has most likely day by day & good trust for the people.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
I don't think cryptocurrencies will have much of an impact on the economy. Because most of the countries do not rely on crypto. They have a different standard.but i dont think crypto will stop.but if crypto stop then may be crypto lover are suffering for sure.
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Humans are obsessive in their habits. We have a tendency to do things 100% or not at all. Cryptocurrency, like all of the best things in life, is best enjoyed in moderation, but that’s easier said than done.
I think we are not obsessive rather passionate and committed.
Obsessive, intrusive thoughts often include: Thoughts about harming oneself or someone else. unwanted emotional pull that causes distress, anxiety, and disturbance of a person's daily routine.
People are passionate to do their daily habits it is the lifestyle of the person. How we deal cryptocurrency depends on how we understand and how we commit.
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I believe crypto have been part of economic growth since then until now and uprooting them after the adoption will surely cause bad effect in our economy specially in China.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
There will nothing happen because if any big investor don’t invest or like BTC fall down then another company invest and it will grow up like monster after two or three years. So it is not good idea that we imagine crypto market is out in the world. It is not possible but whenever the major issue create with crypto currency market then particularly cancel any country not all over the world.
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You should not spend time on this essential idea. The number of people using cryptocurrency is increasing day by day. The government has decided to allow cryptocurrency. If not here's a new product just for you!
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Crypto market is really one of my best market , without Crypto currency I will develop Apps and website , I started investing in stock market or any other Fields . Crypto currency really makes our life easy.
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Personally I don't want to imagine life without cryptocurrency. Cryptocurrency has been a source of livelihood for so many people especially in the developing countries, many have been able to put food on the table for their family trading cryptocurrency, it has also been a blessing to the economy of some nations.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
Closing the cryptocurrency will have a big impact on the economy. The economies of the countries that have approved it will be completely destroyed. Because cryptocurrency covers a huge part of their country. This will have a huge impact on their country's economy. There are many investors and many traders they will lose. So I think cryptocurrency will never stop. Cryptocurrencies will improve. Will go further.
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Personally I don't want to imagine life without cryptocurrency. Cryptocurrency has been a source of livelihood for so many people especially in the developing countries, many have been able to put food on the table for their family trading cryptocurrency, it has also been a blessing to the economy of some nations.
Specifically at this time of pandemic where people are searching for online part time or full time job. Cryptocurrency is important for us and to those who so much appreciated this given opportunity. Though it is risky to join the campaign but it is more risky to do nothing and wait for food to come in the table. Cryptocurrency is part of human life.
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Many people work in crypto. Many people's lives depended on crypto because of its their full-time job. I can not imagine what would happen without cryptocurrency. It's hard to imagine because this world can not produce enough jobs for all people on the earth so if this sector of the economy doesn't exist many people will lose their earning.
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I don't think so, the economy will continue to run, because there is and not crypto, economy continues and must run, crypto is just a major economic assistant in my opinion
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What i believe crypto is is becoming more mainstream. I wish with the help of crypto our daily life will be shifted towards decentralized system, blockchain will be the ultimate winner. SO, there is no point imagine life without crypto currency.
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What happen if the crypto currency stop?Is it big impact in Economy of all Country?
If we don't know about cryptocurrency before, of course, no problem life without cryptocurrency. But now already different we already know about it, and if crypto stop, or die or anything surely will give so much impact to all economy and crypto activist
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Life has been fair to everyone. there was life without money and people enjoyed. with money, life was easier and better but feel with hatred against each other. it created enmity among people. Now, we have crypto and money. we are yet to figure out what life might end up with.