The Currency Analytics
By Steven Anderson
Cryptocurrency A Free Market Thing
Cryptocurrencies have not made it to the mainstream in the real sense. And, in the current scenario we are able to see that there is nothing called a safe haven asset.
Frisco d'Anconia, President, Africa Blockchain University tweeted an open concern: “Will cryptocurrencies be a safe haven asset post-pandemic?”
Sydney Ifergan responded stating: “The world will need cash for the post-pandemic... from my point of view we are doing a back step with crypto and getting a bit away from…
To speak the truth, it seems like “Bread” is the safe haven for now. Post pandemic, there will be a need to establish an overall cooperation between government, taxes, and…
Managing a pandemic using decentralized blockchain technology can enhance the richness and reliability of information like contact tracing and other stuff.
Sydney Ifergan opined, "Cryptocurrency is going to make it to places and nations. We need to recollect how Nicolas Maduro rolled out the first cryptocurrency that is functioning…
Cryptocurrency cannot be called a completely free market thing. It is meant to lower the cost of transactions and to improve the speed of cross border transactions.
There needs to be a control system in place to ensure bad actors don’t dominate the race. However, the control system should not be that which eats up the users themselves…
Some things like the pandemic need central control and a strategized approach. No system is completely fool proof.