Thanks for being here on my blog. First of all, I would like to exchange my greetings with you in this very day and those of the authors who are constantly giving your full attentions and the services towards the sustainable building of this community. Its been a great help for all of us.
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Very lately I have become profoundly interested in the prospects of the economy we have gets going in the world and the theories changing the world where we live and my curiosity drove me to reach a point, where I stopped in the point of time that I took view of the market that goes well in flow with the conventional currencies and has formed a great impact over the broad vision of the economic sectors.
Its not unfamiliar to lot of us that, the consequences of war that not only threatens the two states who participate in the strife, attacking each other in the times of danger, invading cities after cities and destroying the resources and utensils, organisations and the state buildings, from the households to the local hospitals and clinics, stadiums to the food markets and groceries etc.
What else not fall in the criteria of danger and loss of lives and properties?
Now it was just a decision which brought forth the tragedy and war that has not only collapsed the certain territory to be in the seriously endangered conditions, but also made serious problems in the world economy as the secondary impact created by the war. Inflation was such a thing that grew up to a large degree that it was really a hard test for the low or medium waged people to maintain their family and the day to day expenditure.
The world which was heading towards a tight re-stability and recovery from the stagflation done by the pandemic now succumbs to the problem that could seriously be evaded by the negotiations and the diplomatic meetings and approaches.Ukraine being the state which produces the highest number of cereals and corns, by which the world gets the food they need and fundamental sources to survive. When the country is at the time of serious crisis, then how can the exportings be on good shape?
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Western sanctions been put on place against the invader and then it stopped supplying the gases and the mineral resources to the countries that solely rely on the provided fuels and its the products without which almost all the services and industrial productions cant run and if that goes so,the economy instantly collpse and such as the consequential rise of products and daily necessary items that people are to buy each day.
Now, when economy goes low and follows the downward trajectory, some of the people started to join the alternative sources to gain some extra currencies out of the sources that they like most and has faith in full columns.The Altcoins start to gain value and on the point of decrease of convential currencies, its the crypto-currencies that started to get grip and quite a numerous investors stacked money to implement their plans to gain profit at the right time.
More engagement in the sector is what created the space and projects began to shine and those people who didnt have any sort of chance to survive found a way to regain hope for a better future. There were a policy in the political system of government saying, when you go high I go low ; it surely been successfully theorized in the field of crypto, that the potential price of bitcoin and lightcoins tasted potential rises, more exchanges been recorded and the market got a new dimension and shape, on the contrary to the conventional fiat market.
Despite there were the facts that the govt did tried their best to curb down people's engagement and widespread practice of the crypto exchanges, American federal govt have had a clear sweep at the regulations, again the world class investors like Warren Buffet opined that as an unprofitable expenditure, pointing out the possible risks attached to the gambling scheme, that the money would be lost finally etc etc. But, those who know it well,just like being the case Elon Musk knew the potential nature of the lucrative viewpoint it has and when he saw the chance, he could afford to choose to buy a social networking giant with the profit and that wasnt a simple case.
Government and the central agencies will always try to curb down the things that antagonise their power of holding the luck of others at their grip, any attempt to free people out of taxes and tolls,charges that they take out of people and enrich the revenue and then recycle the process to fill up the pockets of corrupted ministers and extend power through the policy is what drives them crazy. But, with new blockchain at place, with the core decentralization that ensures the fullest authority of the people who use it and the accumulation od power at pesonal level - thats what is great and has been able to gain popularity by this.
To the personal level, I saw quite a very exemplary a fact that when some of my friends been struggling to pay their debt at the bank and they were unable to solve the interest rate they were enjoying out of the loans they made and the business fell abruptly, that they found no other way to find a solution. They rather took view on the crypto project and with the chances of mining it with patience and the steadfast labour on day after day,they not only found a way out of financial problems, rather saw profits which expanded their program and could live happily with the returns and family ran smoothly.
All that happened due to the faith and the provisions that, something good is there for to choose when the conventional economy started to fall down and to equalize the downflow to the ground level, they found the crypto project a handy solution. Now,it is my prediction that there might be wars keep coming at different intervals and people will find serious trouble to meet their needs, and at one side the economy find off balance and the alternatives are still good enough to choose for, because it just doesn’t have to rely on the others and wars to intervene the growth, rather the automated flow is thr nature - then its normal for people to choose for a safer options.
I always put the notion this way, that when the fossil fuels and the conventional charcoals and the gases, readymade options for the industries and the companies to choose for ended up and the alternative came to the mind as the option for sustained survival, it was the renewable energy sources that helped people to survive and I would make a simile with the crypto-currencies with the conventional fiats available in the control of banks hold.
