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[AudraMiller]

Since the start of cryptocurrency and the times that teh market has boomed, there has been many people that remained sceptical about the currency, even going so far as to not be sure whether it will help or destroy our economy. In a recent article it seems that the CEO of Metella Royalty is saying that cryptocurrency is likely to cause the next financial crisis. This is a rather bold statement to make. Do you agree with his outlook or do you think crypto can help in stabilizing and developing financial economies?

 

[Wisdom01]

I think the financial crises all over the world is really much now ,and I think it's affecting the price of Bitcoin , with the fall in price recently ,countries like elsavador are really facing the hit ,the president invested a lot in Bitcoin and now cryptocurrency is really down in price

 

[BullyMaguire]

Financial crisis wouldn't be due to crypto currency that's what i think.. it would be if anything the US Dollar. Crypto currency has done so much good things that we can never do with fiat or other currency.. it opened a lot of opportunities for many people giving chances we can never have otherwise.

 

[Meklo]

I do not think cryptocurrencies will do any harm than good in the future except the make the value of all the coins to be high in such a way that everyone will like to invest on cryptocurrencies that it may be harmful in the future.

 

[IB DD]

For governmental institutions, crypto is doing more harm than good but for individuals, especially the younger demographics, crypto has presented them an enormous opportunity to stretch beyond their countries and explore the immense benefits of the decentralised financing offered by crypto.

 

[GoldenLady]

Fortunately, cryptocurrency hasn't been the cause of the worldwide inflation we're all suffering right now.

While it has its flaws, cryptocurrency has the potential to do more good than harm, which is something to be actively exploited in the future.

 

[EBUBEJAH]

Fortunately, cryptocurrency hasn't been the cause of the worldwide inflation we're all suffering right now.

While it has its flaws, cryptocurrency has the potential to do more good than harm, which is something to be actively exploited in the future.

Very correct, people who blame the inflation on cryptocurrency don't understand how cryptocurrency works, cryptocurrency has a very bright future, and we are even yet to see the tips of the iceberg, let people join the train now before it becomes too late for them.

 

[GoldenLady]

Very correct, people who blame the inflation on cryptocurrency don't understand how cryptocurrency works, cryptocurrency has a very bright future, and we are even yet to see the tips of the iceberg, let people join the train now before it becomes too late for them.

Many have joined, especially after they made a lot of money mining free coins like Avive and Pi.

With the rising prices too at this point, it's clear that more people would seek to understand cryptocurrency to benefit from the bull run that's incoming.

 

[Lens_]

Cryptocurrency is a technology that comes with its own set of challenges and we must not forget that it has uts own opportunities as well and that is why it's taken as a project that will revolutionalize the financial system in the world.

 

[Flower]

One major thing that is of concerned in cryptocurrency is it volatility because the price fluctuate extremely and if care is not taken, it could result in financial losses for investors and that is a danger in cryptocurrency adoption.

 

[Lens_]

Cryptocurrency is a deceralized digital assets and it is challenging the traditional financial system and that could result in a regulatory push back for cryptocurrency because there would be a great competition.

 

[Flower]

It is a known fact that cryptocurrency has the potential to empower individuals and it will do this by providing access to financial services . The most important thing about it is that it give access to financial services for the underved regions.

 

[Lens_]

The rise in cryptocurrency has definitely bring about a debate and that is regarding it energy consumption for the mining operation and I'm happy that as the industry evolves, the cryptocurrency project are now exploring sustainable mining practices.

 

[Flower]

The cryptocurrency as facilitated a cross border transaction and that has reduced remittance fees as well and this is a great benefit to individuals that are involved in global financial transactions.

 

[Lens_]

There is a concern about cybersecurity and hacking in cryptocurrency space. This is why it is important to highlight the importance of robust security measures in cryptocurrency exchanges and there is need for enough education on how to secure digital assets.

 

[Flower]

The anonymity that is attached to cryptocurrency has raises question and that has why so many people would indulge in cryptocurrency and use it for illicit activities like money laundering and terrorist financing.

 

[Lens_]

The blockchain technology has a lot of uses in diverse industries coupled with the fact that it offers transparency and immutability in our transactions which is a way of improving trust in financial transactions.

 

[Flower]

The cryptocurrency adoption is becoming a mainstream and a lot of corporations are accepting cryptocurrency for their transactions . Howeve, it is also important to point out the regulatory framework because it is necessary to boost the confidence of the users.

 

[IB DD]

For crypto doing more harm than good, it is hugely dependent on who you are and what your priorities are. I know of so many people that have had their financial life turned around this bull run. It is doing more good for me.

 

[kayode10]

Everything in this world has both advantages and disadvantage. You just have to look for the advantages that can happen when you are using the cryptocurrency. The focus on the uses of the cryptocurrency for your business as well as normal transactions.