cryptocurrency can be a financial weapon

[kryptonick 2659]

We have the example of Venezuela that started using Petro but the problem is that this coin has again a price set by the government. It is not a price decided by the market and we don't know if it can be minted or mined more or the next day the government can double the coins in circulation. There is need for a transparent cryptocurrency and Venezuela is already thinking about Bitcoin and a few more.

[Mosab73 333]

This explains that the major countries, especially the first economic country in the world, which is the United States, should hesitate to legislate and adopt the encrypted currency, and the countries that are under economic pressures can circumvent these pressures by allowing people then to trade in the encrypted currency

[Onden 2098]

Cryptocurrency is very broad, a lot of crypto is used for the finance of a country. Crypto helps crisis-hit countries, because their finances can no longer be used for transactions. The value of fiat which is no longer valuable has caused the economic crisis that has occurred in several countries recently. Crypto proves that its value is not affected by the global crisis and this is one example of how cryptocurrency can help in a country.

[Brandonsaw 1973]

Cryptocurrencies have a high investment potential.People who use cryptocurrencies know that if they make good investments with their cryptocurrencies they will have very good returns, we are living a world where we will see new people who have made a great fortune of money thanks to cryptocurrencies.

[matias estigarribia 1605]

Your point of view is very interesting, hopefully not so. Because we will begin to see restrictions to different countries and that would be very sad.

[glyk85 166]

Cryptocurrency is very useful and can help lift the economical state of certain country especially during this time. Cryptocurrencies will help them save the country from it's economical problems but leaders should be wise enough to use/handle this digital money. 

[Goyaa 2414]

When viewed from a financial economic point of view, Crypto is considered a financial weapon because it is a competitor to other financial sectors. In the financial sector, financial monopoly is very important to ensure the financial sustainability of a region. Actually if we look deeper, crypto helps a lot of people, everyone can work in crypto.

[Jromz 2158]

It's quite interesting to see how cryptos can potentially ease the pressure of economical sanctions for least favored countries. Hopefully, more and more people will begin to realize all the benefits of cryptocurrencies can offer, such that the financial power is finally given to people. 

[glyk85 166]

Cryptocurrency can be used as a nation financial weapon but only when it is legalized to the citizens and by legalizing crypto government can be able to generate revenue from all Cryptocurrency users in the country and from that the economy of the country can also boost up, an example is Venezuelan president who created a coin called the petrol coin and it has been use by many citizens to buy petrol with the coin and other things

[mahdititus16 216]

cryptocurruncy in weapon that is good question and i cann answer about it just read my typing 

Crypto can be new financial base of  many undeveloped countries who are buried under  heavy loans from.world bank.These countries are under many restrictions and they are not growing in economic.So they will adopt crypto in escape from these loans .This will be new era of financial builtin for world.where they will be free from those loans.

so that all my information about your question , and good luck for every one .

[Alexbhati12 0]

Hello friend, Almost certainly it very well may be the ability to overcome destitution however it ought to likewise think of the cutting edge innovations that we can feel later there are least numbered of limitations. On the off chance that you find the latest thing of crypto innovations there are a few constraints.

[mzk7736 1592]

The sanctions on some country are due to some reasons and I don't think they should exploit cryptocurrency for breaking the sanctions. This can result in the defamation of cryptocurrency through the world

[Simon London 1749]

Hello everyone, in my opinion cryptocurrencies can be a double-edged sword, since many beginners without the basic knowledge have been attracted by the profits that can be made from digital currencies, without knowing that they become easy prey scammers.

[hasaan 289]

I will use the revolution instead of the weapon word, cause actually the crypto is the great  revolution in the financial sector. And the great benefit of the crypto is that, the crypto is reduce the number of unemployment as well. And i am glad to be here. 

[Nicole018 4548]

For the people who have decent amount of Bitcoins in their holdings definitely they can use it to pay off their debt liabilities of huge amount. This is because of the current value of Bitcoins mostpeople would definitely accept payment in Bitcoins in the hope that's its value would for the increase in future. So in many ways it could be used as a financial weapon.

[khan22 3478]

On 12/17/2019 at 1:40 PM, Wijayafajar06 said:

yeah right this is one of the goals of crypto because the crypto currency has been applied in some countries, for example in Vietnam so it makes it easy for us.

Crypto currency is a very great financial weapon and the jobless peoples are happy to invest in this business and start trading in it or hold the coins for the future becasue this business give us good profit than the good job and so many jobable peoples will leave their job just becasue of the crypto market.

[ABIR21 426]

Yes,  it can be a financial weapon. Because it is the leader of all crypto-currencies.  Day by day it is increasing. I think in future cryptocurrency will replace in maximum of local currency. People’s can use it easily and they can invest it for earn. 

[Syriana 350]

The encrypted system helps to bypass any penalties offered to a particular country, so most countries may use encrypted currencies to evade sanctions and be on a level of confrontation, so cryptography can be used as a weapon without pressure or following any other political matters

[KHALED ADWANI 1216]

This field is very large and it is growing every day due to the introduction of more cryptocurrencies and the desire of more people or governments to enter it, whether to reap quick profits or invest in them in the long term

[The shiekh 793]

Well my friend everyone has it's own opinion and choice. It totally depends on the mentality and experience person's. If anyone want to earn with crypto currencies then he can easily earn a good profit by just proper research and experience.

[Teminali69 1081]

3 hours ago, Fahimad said:

In my opinion cryptocurrency can be financial weapon one day. Look cryptocurrency is becoming   popular nowadays. People are appreciating this currency. Some of the countries are legalized crypto currency. Crypto currency will make our life simple and easy. 

Have you ever thought that it could also be a financial disaster?? How the adoption of bitcoin could destroy some businesses, could make a lot of people move from working for the society and instead working for themselves at the comfort of their homes??!!

[Pranto1 40]

Yes, cryptocurrencies have a number of roles to play in a person's life, such as helping social donations and helping private financial institutions to grow tax-free.For some countries the economy is in crisis so cryptocurrency and blockchain technology can solve a certain problem.  To be able to  Having said all this, the field of crypto is huge and sometimes surprising.

[Cryptonas 1550]

On 12/16/2019 at 11:43 PM, Kaëns Christophe said:

crypto can also be used as a means of pressure. Without wanting to do politics this is not the goal, I read very recently that some countries suffering financial santions are considering using crypto to circumvent these sanctions. So we see that the world of crypto can have some use for things that we do not even suspect in the beginning.

All this to say that the scope of crypto is very broad and sometimes surprising

In my own view I think fighting poverty is one of the reasons why this platform is created. We are here today because of the financial benefit we gain from this platform and we use this financial benefit to solve our financial problems. There is no single member of this platform that can say his or her life remain the same since the time he or she joined this platform. So I will say crypto is weapon against poverty....

[Crypto-Warrior 506]

On 12/17/2019 at 3:43 AM, Kaëns Christophe said:

All this to say that the scope of crypto is very broad and sometimes surprising

Yes! Crypto can be a financial weapon because it has great potential for the future. I see a bright future for crypto currency because it has the power to change someone's life completely. A developing country can use crypto as a weapon to accelerate its development. It can be helpful to get out of debt. So, I'm sure it will change my life one day, so it will be a life-changing weapon for me. 

[MK AHMAD 1134]

Yes you are right friend crypto currency can  be a financial weapon due to the way things are changing in some parts of the world were crisis are always much and where governments of some parts of the countries are not helping there people to grow their financial stabilities and also it help a lot of countries to support their economic growth and development where they don't have enough cash but crypto currency will help in providing digital marketing and trading to invest and make them have enough capital to earn a better living