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RE: How Blockchain can enhance people’s lives in developing countries.

in #blockchian7 years ago

Hi there, and one more thing currency what if any government convert its currency to blockchain technology because in developing country's currently common men don't know what is market cap of capital, for example When a country lunch his currency he needs paper, machines and some employees after the set of the reserve with market cap and number of printed note price calculate so, for example, country x printed a 100,000 note with a price equal to 1usd each. After that government use all his notes so they print 1,000 more note at that time currency in common man pocket or in his bank account d value or we can say government stole one sent per note, because after 1,000 more note available in market means per note value is 0.99 USD,

in third world countries that common to print new note by the government on every second day and still a small price in every note like 0.000001 used but they do.
but so what if they convert to crypto currency?
because information of every cryptocurrency is open for everyone and there are also market cap so it's hard to still any one coin worth in blockchain.

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