Intuitive ways to solve problems with cryptocurrency ,Perhaps in the near future we will see large scale adaption of cryptocurrency in a country
The post was inspired by @vieira shout out to him
Cryptocurrency has a massive potential ,it has a lot to offer, we are merely at the beginning of the this technology ,exciting times ahead.
you could use the cryptocurrency as a tool that decreases corruption to massive proportion,
For example your goverment is using a certain cryptocurrency ,the goverment collects taxes in form of cryptocurrency
Citizens can then track down, exactly and to the penny, what their government is investing in, in real-time.
Another way you could use cryptocurrency
is solve problems regarding you own national currency.
I will take as an example Venezuela ,
Inflation rate has risen to massive proportion, people can't afford to buy even the basics,
they are reliant on food packets from the goverment ,some even life on the pension of their eldery parents.
The situation is quite grimm and @vieira could better paint a picture than me ,because he know more than I do regarding that topic.Cryptocurrency would be a interesting solution for their current problem.
How do you may ask ?
If the goverment somehow adapts cryptocurrencty on a large .that will benefit them a lot
but they have to keep one thing in my mind.Making the cryptocurrency shouldn't be the priority.Instead they have to choose a cryptocurrency in the market that fits their needs and has a strong project .You don't want to deter the investors and let the market do his own thing.
You can smooth the whole process by setting offices and people can come there and exchange their bolivar currency into certain cryptocurrency and you will burn the bolivar currency and that in turn will increase the value of it.People glady will welcome this with open arms.Stable currency .But the most important thing you must do is create acccomadtion where cryptocurrency is highly welcomed.
@vieira had an amazing idea if succesful ,it really can impact a lot of lives
https://forum.smartcash.cc/t/pilot-program-to-adopt-smartcash-as-cash-in-guacara-venezuela/4219
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Σ1 SMART! Comment@smartbot helpto claim. Currently the price of SmartCash in the market is$0.087 USDperSMART. Current value of the tip is$0.09 USD. To find out more about SmartCash, please visit https://smartcash.cc.I feel like for cryptocurrency see truly widespread adoption, many governments must recognize the cryptocurrencies as valid payment for goods. The world is so interconnected that economic changes in one country can have ripple effects felt throughout the rest of the world.
True that ,the the great depression is an excellent example of that .
venezuela is an interesting case ,cryptocurrency is the only gate way out of the jeopardy they are in .
in the near future we will see massive adapation of cryptocurrency there .Perhaps even the first country in the world that fully cryptonize
really all country need to make roles for using of crypto promote your nice article by @brotherhood is the new bid-bot whale to promote your post with 23000 sp you can join us in discord channel as well and promote your post there , send min 0.1 to max 0.5 sbd and receive your upvote in every round:discord channel https://discord.gg/3HZdaGk
