RE: Cryptocurrency Is Needed To Spur Economic Growth
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The fact that cryptocurrency is building a new set of entrepreneur and innovators also a new source of wealth is the first step to show the world that crypto is here to help and not to harm anyone in any way, though a lot of people misinterpreted this and called it all sort of names that don't relate with it.
I believe the growth we need can be achieved through crypto, not Fiat. Cash is not powerful enough to bring decentralized growth which is why crypto is the only way out of the banking sector's Rat race.
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The problem with the fiat system is it was already nuked. The austerity that is going to be required to clear the debt out and to free up money for more productive opportunities is not going to happen. Couple this with the banking system that is filled with money (and power) and they are not going to let go either.
It is a massive tug-o-war with the economy in the middle. In the end, it will screw the global population unless a change is made.
I believe that change to be cryptocurrency.
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i believe so too. More reason why we need more people to get in the crypto world now. Time will tell how things will turn out at the end, am sure technology will make it easier for crypto to win in the end.