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Topic: Are cyoptoeconomics changing economic theory? - page 2. (Read 483 times)

full member
Activity: 336
Merit: 102
Bitcoin will change neither economic theories nor economic system. There may be may be voices that it is something completely new and unprecedented, but they are wrong.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
November 19, 2017, 07:47:34 AM
#9
No, it does not change economic theory but in fact follows it and it is not something new because modernization is what a country wants to achieve. Maybe there will be changes in monetary sector and how assets would be trade in the near future because of blockchain technology.
full member
Activity: 224
Merit: 100
November 19, 2017, 07:25:23 AM
#8

Well in the world where it is moving lighting fast I guess there is really need to reshape the economic development. I mean for how long we will keep the sustenance of the traditional ways of banking or financial management. It may not work in the world where things are costlier than to breath with ease! I mean crypto currencies are like hope to us who is providing all new sets of possibilities to change the way we transact, manage the money, mange the time with economic development and much more. The way unemployment has seen the new hope from the bitcoin is just amazing and it is changing the way people live and earn. This probably is going to advance the cryptoeconomy branch.

hero member
Activity: 2968
Merit: 913
November 19, 2017, 01:52:52 AM
#7
What do you think cryotocurrencies will do the current economical environment we have today? Tokenization is a way to digitalise assets, and this might force us to rethink value, as it is perceived today.
What is your opinion on this?

Tokens are just digital "stocks" that aren`t regulated by any administration (sooner or later this will have to change).There`s no need to "rethink" value.The consept of value is the same from 1000 years and it doesn`t matter if it`d virtual goods or physical goods or services.
Cryptocurrencies are changing the economy,not the economic theory.
hero member
Activity: 1400
Merit: 536
November 19, 2017, 01:25:55 AM
#6
What do you think cryotocurrencies will do the current economical environment we have today? Tokenization is a way to digitalise assets, and this might force us to rethink value, as it is perceived today.
What is your opinion on this?
There is nothing to be scared, the economy will not be affected by it, the economist who has received the Nobel Prize(i forget his name) predicted BTC 10 years ago, but the name was not btc. Just as an idea.
full member
Activity: 322
Merit: 103
November 18, 2017, 11:54:57 PM
#5
Depends on what you are talking about. Generaly everything in cryptomarket repeats the usual economics on the simple level (for example supply and demand works the same way). But if you are also talking about different schools of economical thought (keykesians, austrians etc.) then they cover more aspects than just a currencies.
newbie
Activity: 8
Merit: 0
November 18, 2017, 10:44:29 PM
#4
What do you think cryotocurrencies will do the current economical environment we have today? Tokenization is a way to digitalise assets, and this might force us to rethink value, as it is perceived today.
What is your opinion on this?

No, not really. Futures have already "digitalized" all kinds of assets, so this is not new. Other things such as supply, demand, rational human behaviour and greed - it's all there.
hero member
Activity: 840
Merit: 502
November 18, 2017, 10:37:18 PM
#3
What do you think cryotocurrencies will do the current economical environment we have today? Tokenization is a way to digitalise assets, and this might force us to rethink value, as it is perceived today.
What is your opinion on this?
Bitcoin is in fact based on very old concepts that is why some people call it digital gold, bitcoin is based on the same principles that have worked for a very long time, what it is happening is that the current economy theory is divorced from reality and we are beginning to see the effects on the economies of the world, so while bitcoin is a cutting edge technology at the same time we are just going back to what we know it works.
legendary
Activity: 2562
Merit: 1441
November 18, 2017, 06:15:21 PM
#2
Economic theory has to be at an all time low in quality of pop culture views on the topic and flawed frameworks like trickle down economics having mainstream acceptance. The concept of interest rates having a powerful affect on economies is a view which caters exclusively to corporations and one percenters if even that. Consumerism, corporatism and profiteering drive the majority of economic analysis.

There isn't much objective or independent analysis. There's a tendency for anyone who speaks the truth or who tries to think for themselves being branded conspiracy theorists and ignored. Can bitcoin make a difference? In the united states, polls say 2% of americans have used crypto. I think crypto would need a higher percentage of users worldwide to have an affect.
member
Activity: 87
Merit: 10
November 18, 2017, 06:04:03 PM
#1
What do you think cryotocurrencies will do the current economical environment we have today? Tokenization is a way to digitalise assets, and this might force us to rethink value, as it is perceived today.
What is your opinion on this?
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