BALANCE OF PAYMENTS CONCEPT APPLIED TO BITCOIN (CRYPTO CURRENCIES)

in #internationaltrade7 years ago

#The #balance #of #payments of a country is a systematic record of all its economic transactions with the outside world in a given year.
It is a statistical record of the character and dimensions of the country’s economic relationships with the rest of the world.
By keeping the concept of crypto currencies in mind, balance of payment methods would make the economic structure much better in terms of faster transaction and cost effective methods keeping the trade flowing.

Keeping in mind that if the countries do to take part in such structural change of their monetary values.
Always hoping for the best of Crypto currencies future !
Do comment below if this is a place to look in with crypto's world !
#ONE #RANDOM #PERSON

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