Topic: Help of cryptocurrency in globalization. - page 2. (Read 438 times)
Well, globalization aims to make a borderless world where anyon and everyone can connect with each other be it economically or socially. Cryptocurrency is one of the many that is laying the foundation to bridge those gaps and I think it is doing its job right.
For me, crypto can help us get job and income.
There are not that many jobs with full time crypto salaries. Some are half fiat half crypto and some are only fiat. You have to give a salary in the form in which your workers are able to buy their groceries quickly and not be prosecuted for that. 
Quote
Second thing I'm not agree with crypto bring globalized because blockchain do that, crypto is product and someday will replacement.
There's no safe in crypto/ currency world, we should do our best to protect our asset. Blockchain make transaction faster, that's benefits we can take and manage to help economy activity. Focus on technology and make sure not saving crypto because all transaction will end with currency.
I am not sure you understand correctly. Blockchain is the technology behind bitcoin. There is nothing called replacement here. Something new may come one day but that is still ages. Still one can keep pondering about it and never actually make any profit because they were too engrossed thinking about what happened in the future. There's no safe in crypto/ currency world, we should do our best to protect our asset. Blockchain make transaction faster, that's benefits we can take and manage to help economy activity. Focus on technology and make sure not saving crypto because all transaction will end with currency.
Well, we have all different perceptions regarding cryptocurrency, but for me, cryptocurrency can be a great help to make our country globalized, Cryptocurrency is much safer and faster compared to fiat currencies when we are talking about transactions because all things happen through online or internet is great compared to the real world.
If we use cryptocurrency in exporting different kinds of stuff and goods then we will have faster transactions which are really good especially when talking about economics.
For me, crypto can help us get job and income. Second thing I'm not agree with crypto bring globalized because blockchain do that, crypto is product and someday will replacement. There's no safe in crypto/ currency world, we should do our best to protect our asset. Blockchain make transaction faster, that's benefits we can take and manage to help economy activity. Focus on technology and make sure not saving crypto because all transaction will end with currency.
Well, we have all different perceptions regarding cryptocurrency, but for me, cryptocurrency can be a great help to make our country globalized, Cryptocurrency is much safer and faster compared to fiat currencies when we are talking about transactions because all things happen through online or internet is great compared to the real world.
If we use cryptocurrency in exporting different kinds of stuff and goods then we will have faster transactions which are really good especially when talking about economics.
For me, crypto can help us get job and income. Second thing I'm not agree with crypto bring globalized because blockchain do that, crypto is product and someday will replacement. There's no safe in crypto/ currency world, we should do our best to protect our asset. Blockchain make transaction faster, that's benefits we can take and manage to help economy activity. Focus on technology and make sure not saving crypto because all transaction will end with currency.
We're already communicating on a global network.
Fortunately, we can do so at least pseudo-anonymously with ease.
It will be a considerable victory for anyone around the to send money anonymously too.
Fortunately, we can do so at least pseudo-anonymously with ease.
It will be a considerable victory for anyone around the to send money anonymously too.
nice to see a thread that is not related with corona . what i thought is your topic related with it because you use the word help. cryptos really need help because it seems like they are dying now but in terms of globalization , we are on that process .
we are getting slowly on there most especially thesedays that people are crawling into cryptos and think that cryptos are like a safe haven for them because you know people are now avoiding the use of physical currencies and also the fact that cryptos are now cheap .
we are getting slowly on there most especially thesedays that people are crawling into cryptos and think that cryptos are like a safe haven for them because you know people are now avoiding the use of physical currencies and also the fact that cryptos are now cheap .
I don’t see the possibilities of that happening. The way I see it, things are going to remain as it is and Bitcoin will just remain an asset that will be used by those who wants to make use of it, I only hope that it is declared legal in every country so that it can be accessed by everyone.
As per country, there are lots of things to be organized especially in financial terms which is the very reason why most of countries are implementing such laws putting cryptocurrencies as a new added economic class. By this time we already have plenty of adoption process but for a mean time it might slow down as we are experience a shake from the world with the current situation. Bitcoin will remain an asset if we let it stay that way but it ain't if we are capable and brave enough to face the sole purpose why the bitcoin is created.You might be wondering why I said it can’t be adopted by the government but they can only just declare it as legal asset, reason is that Bitcoin can’t be regulated, and that’s what the government is all about – having control over everything and they won’t adopt BTC since they can’t control it. But I do think that it might be possible for them to control BTC if they join hands together, though they will never agree to that.
Hope the majority of the government will do it, make it legal but also have their own regulated digital coin but wouldn't it be their enemy? centralize vs decentralize? Controlling bitcoin won't be that easy as anonymously people are way too powerful than the government.
I don’t see the possibilities of that happening. The way I see it, things are going to remain as it is and Bitcoin will just remain an asset that will be used by those who wants to make use of it, I only hope that it is declared legal in every country so that it can be accessed by everyone.
You might be wondering why I said it can’t be adopted by the government but they can only just declare it as legal asset, reason is that Bitcoin can’t be regulated, and that’s what the government is all about – having control over everything and they won’t adopt BTC since they can’t control it. But I do think that it might be possible for them to control BTC if they join hands together, though they will never agree to that.
You might be wondering why I said it can’t be adopted by the government but they can only just declare it as legal asset, reason is that Bitcoin can’t be regulated, and that’s what the government is all about – having control over everything and they won’t adopt BTC since they can’t control it. But I do think that it might be possible for them to control BTC if they join hands together, though they will never agree to that.
Do you believe that cryptocurrency will help our country to be globalized? Or are those people who are against having cryptocurrency for our country to be globalized?
Well, we have all different perceptions regarding cryptocurrency, but for me, cryptocurrency can be a great help to make our country globalized, Cryptocurrency is much safer and faster compared to fiat currencies when we are talking about transactions because all things happen through online or internet is great compared to the real world.
If we use cryptocurrency in exporting different kinds of stuff and goods then we will have faster transactions which are really good especially when talking about economics.
I have read a thread about this thing but actually, it was already different as of this year, our economic always change so I made this thread if there are already changes in the perception of others as of this year.
This is the link related to this post.
https://bitcointalksearch.org/topic/bitcoin-and-globalization-4655347
It is a fact that Cryptocurrency is a faster way to do transactions all throughout the globe because of its unique characteristics that is always available anytime and wherever you are with just the internet. It is also great because, the transactions made with Cryptocurrency is private and can't be traced by anyone. But, with its capability to secure transactions also comes the threat in which it might be used in unlawful acts that might be a risk to the welfare of the people around the globe. Well, we have all different perceptions regarding cryptocurrency, but for me, cryptocurrency can be a great help to make our country globalized, Cryptocurrency is much safer and faster compared to fiat currencies when we are talking about transactions because all things happen through online or internet is great compared to the real world.
If we use cryptocurrency in exporting different kinds of stuff and goods then we will have faster transactions which are really good especially when talking about economics.
I have read a thread about this thing but actually, it was already different as of this year, our economic always change so I made this thread if there are already changes in the perception of others as of this year.
This is the link related to this post.
https://bitcointalksearch.org/topic/bitcoin-and-globalization-4655347
Regulations might not make Cryptocurrency what it is in the present but, it is safer that way.
Ethereum Co-Founder Pronounces 20th Century World Order Dead
https://cointelegraph.com/news/ethereum-co-founder-pronounces-20th-century-world-order-dead
Article is great! Charles Hoskinson have a strong argument's here, and he is pretty much right about current situation and what future holds for us.
“What we are looking at right now is the unraveling of the economic order of the 20th century... Winners and losers that had certain assumptions about how power should work, how money should work, how credit should work, how finance should work, how information needs to flow. And this economy was sustainable and stable when information was not instantaneous. And when it was totally acceptable to have empires, meaning one or two nation-states being supreme above all others and establishing all the rules and regulations.”
This is true, and with internet and crypto information will flow, nobody is able to control or change information once she gets cemented in some chain. Internet and crypto together will create a new world order, where information about everything you wish to know will be available to you. We are heading towards more transparent world, and that will be good for all of us! Not just for few people who run the show and control everything. Read article, it's good and you will understand more about what is happening right now.
https://cointelegraph.com/news/ethereum-co-founder-pronounces-20th-century-world-order-dead
Article is great! Charles Hoskinson have a strong argument's here, and he is pretty much right about current situation and what future holds for us.
“What we are looking at right now is the unraveling of the economic order of the 20th century... Winners and losers that had certain assumptions about how power should work, how money should work, how credit should work, how finance should work, how information needs to flow. And this economy was sustainable and stable when information was not instantaneous. And when it was totally acceptable to have empires, meaning one or two nation-states being supreme above all others and establishing all the rules and regulations.”
This is true, and with internet and crypto information will flow, nobody is able to control or change information once she gets cemented in some chain. Internet and crypto together will create a new world order, where information about everything you wish to know will be available to you. We are heading towards more transparent world, and that will be good for all of us! Not just for few people who run the show and control everything. Read article, it's good and you will understand more about what is happening right now.
Cryptocurrency must give the world more confidence to be accepted. Less volatility would be ideal and so if we could say that it can help make globalization better for all who participate and without disadvantages. I have done my tests of offering to pay with crypto in some business of my locality and I have not had a positive answer so I must conclude. That it takes knowledge and good market behavior for cryptocurrencies to be accepted.
Need bigger companies want to help bitcoin and they will make bitcoin have higher price, if continue bitcoin will going down without get anything how can bitcoin have the way on higher price and keep going touch for on the top.
The trouble with globalization thanks to crypto is the simple fact that if you move money out of one country to another there are legal parts involved and so you can't do that as a big company dealing with a lot of money. However the smaller people like freelancers could take advantage of this globalization.
Like import/export company may have a trouble and that is understandable because it is a huge company that takes care of these things but a person who is a coder that works with someone in another nation getting 2000 dollars from them with crypto would probably not be a problem, there is a vast difference between those things even if the amount of money they deal with is literally the same. A trucker who gets 2000 dollars is different in legal ways compared to a coder who gets 2000 dollars for a code he writes when it comes to laws.
Like import/export company may have a trouble and that is understandable because it is a huge company that takes care of these things but a person who is a coder that works with someone in another nation getting 2000 dollars from them with crypto would probably not be a problem, there is a vast difference between those things even if the amount of money they deal with is literally the same. A trucker who gets 2000 dollars is different in legal ways compared to a coder who gets 2000 dollars for a code he writes when it comes to laws.
Also, we can make a lot of profit and income with the use of cryptocurrency and that was a good thing about this but always make sure make a research and study to avoid losing money because of the market volatile.
This is the reason why people hate it.
They thought that they could earn money here but they don't understand how volatile the market is. They thought that they could easily earn a profit but we all know there is no safe haven investment. Losing in this market is inevitable so we should also let them know that if they will be investing in this cryptocurrency or other cryptocurrencies as well, they should be ready for it.
Unfortunately I do think globalization does require one thing and that is
- approval of the government
Bitcoins is approved by many governmental bodies but at the same time it does not stop the government from putting people using bitcoins in a lawsuit and banning it in various parts.
Anything which is globalized needs to be officially represented to protect itself against these counter negative laws and regulations .
Also governmental approval is much needed . Not 1-2 government but all of them .
- approval of the government
Bitcoins is approved by many governmental bodies but at the same time it does not stop the government from putting people using bitcoins in a lawsuit and banning it in various parts.
Anything which is globalized needs to be officially represented to protect itself against these counter negative laws and regulations .
Also governmental approval is much needed . Not 1-2 government but all of them .
I think this depends on the country that we are talking about.
Despite Bitcoin known throughout the globe, there are still those countries that banned Bitcoin and other cryptocurrencies. And we've already done this, I remember talking about this 2 years ago, seeing it right now really brings back memories.
Despite Bitcoin known throughout the globe, there are still those countries that banned Bitcoin and other cryptocurrencies. And we've already done this, I remember talking about this 2 years ago, seeing it right now really brings back memories.
Today only a few people appreciated the use of cryptocurrency and some of them are making a lot of market investment with the use of it and some of the people today are making a lot of income with the help of crypto. It becomes more accessible for adapting towards the future because we are making the transaction online. After all, it is faster and secure. If we are trying to seek the benefits of the cryptocurrency it is better than the traditional way because also today we are facing some problem like the virus spreading and now one of the most popular payment is through online because we are now avoiding having contact with the use of the objects like the money. Also, we can make a lot of profit and income with the use of cryptocurrency and that was a good thing about this but always make sure make a research and study to avoid losing money because of the market volatile.
I think this depends on the country that we are talking about.
Despite Bitcoin known throughout the globe, there are still those countries that banned Bitcoin and other cryptocurrencies. And we've already done this, I remember talking about this 2 years ago, seeing it right now really brings back memories.
Despite Bitcoin known throughout the globe, there are still those countries that banned Bitcoin and other cryptocurrencies. And we've already done this, I remember talking about this 2 years ago, seeing it right now really brings back memories.
Do you believe that cryptocurrency will help our country to be globalized? Or are those people who are against having cryptocurrency for our country to be globalized?
what i am surely believe is there are no people that against having cryptocurrency instead they are just afraid for some reason that they don't really know what this cryptocurrency is all about.but yeah this my country can be globalized by this market,and it is starting now because of the advantage of crypto,many of my countryman are now entering this investment and for me?this is what people need to know for us to finally get adopted by the world.
I guess it doing that already? Think about it, thanks to crypto currency money could move from any nations to any nation and any person to any person without limitations. If I want to send you 30 cents from Uganda to china, how easy it is do you think? I am pretty sure I really can't do that. However using some currency that is small (not bitcoin) like waves or tron or whatever I can send you 30 cents in less than 30 seconds and that's it.
So, as you can see I have always called crypto the "internet of money" because it is bringing people together and it is making a global currency right now. It may not be used as much as we would like to but it is certainly used a bit and that is certainly getting more and more common as well eventually leading to crypto being the most preferred counotry to country money transaction method for sure.
Yes it really does help globalization more visible, in terms of trasferring money from any country to another country it really does exceed the capability of what fiat currency can do, it will connect businesses across the country more easily and more faster but of course everything has its weakness and the weakness of this is i think it has a low chance of transferring of the influence of cultural knowledge or what we called social globalization from one person to another coming from different countries but in a nutshell it really does help globalization but not all parts of it.So, as you can see I have always called crypto the "internet of money" because it is bringing people together and it is making a global currency right now. It may not be used as much as we would like to but it is certainly used a bit and that is certainly getting more and more common as well eventually leading to crypto being the most preferred counotry to country money transaction method for sure.
One thing that can be disadvantage of bitcoin is, there are still so many countries that are not evolving or those who cannot adopt to the emerging technology, so by that, they cannot follow the transactions because they are not known in terms of cryptocurrency.
...
If we use cryptocurrency in exporting different kinds of stuff and goods then we will have faster transactions which are really good especially when talking about economics.
...
If we use cryptocurrency in exporting different kinds of stuff and goods then we will have faster transactions which are really good especially when talking about economics.
...
I, as an exporter, would be very happy if payments could be processed using bitcoin, which means my cashflow will get better. It's just that this can be done if the exporter and importer copy trust each other. L/C (letter of credit) remains the safest choice in export-import transactions, especially with large transaction value.
Cryptocurrency will not help globalization, because crypto in globalization is only an object, not a subject. The phenomenon of globalization and integration of the world economy has made our world increasingly borderless. With the assistance of the development and progress of information technology, many countries and individuals are becoming increasingly connected with one another globally. Cryptocurrency without us denying indeed facilitates cross-border payments but some individuals can also be misused for cross-border funding. so it all depends on the commitment of individuals, groups, and countries.
Every technology has its other side like being misused by the bad actors but the thing is whether the advantages outpace those activities is the big question. Being the exporter what is your view if some escrow provides the collateral security for both the exporter and importer would it do good.? I heard some blockchain companies working on those because it seems to be less time consuming and easier in all respects when compared to traditional route but what do you think as challenges in this method over the traditional routes.?
Jump to: