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How much impact would a total cryptocurrency collapse have on the outside economy?
by BeFlatXIII 5y ago
How much impact would a total cryptocurrency collapse have on the outside economy?
- zepto 5y agoProbably a nice uptick
- faeyanpiraat 5y agoOr millions of working people would suddenly be able to afford a gaming GPU and would disappear into imaginary worlds for a couple of weeks.
- fuzzer37 5y agoNearly zero.
- swalsh 5y agoCrypto (and more so Solona) has an extreme trade deficit, it's importing way more capital then it's currently exporting (the primary export today is blockspace, I think as DAO's start running SASS services, that will increase the exports). The impact today would be nearly zero. As the deficit evens out, that might change. The local crypto economy is pretty young (it's virtually brand new). As it expands these capital flows will probably change.
- X6S1x6Okd1st 5y agoI haven't read anything concrete that shows a clear contagion risk, but https://twitter.com/angela_walch https://twitter.com/angela_walch is one of the people in the space to follow that is talking about it