The economy and the mirror of the blockchain

The fundamental thing about economics is not its complexity, but the social science of studying how the human being uses it correctly, since the resources are scarce for the elaboration of goods and services, to satisfy their needs, which are multiple, always a country According to its government system, it applies an economic model according to the demand to respond to the needs of its society, the good thing that makes those who dominate technology and information stand out, can be influential in various segments of global and normal markets. For a good economy beyond good economic policies and exchange control, it will also depend on which platform it has at the level of technology, since technology gives us comfort, because also at the economic level they have their virtual mirror: there is also electronic banking, money digital, transactions, investments via wed, for several economies, monetary liquidity and cash circulation have decreased, as a means of payment, in our reality we can, like any person with a cell phone, use a large part of the digital ecosystem as part of the digital economy, change your money for cryptocurrencies, as well as to acquire goods and services, thanks to the evolution of this digital ecosystem we have the honor of the introduction of the blockchain, which lies in the fact that it allows you to create these digital assets and exchange them, the birth of cryptocurrencies.

I am clear that the new technological exponential era is the trend of the knowledge economy, where the mirror of the digital economy is presented as a new form of production and consumption, new strategies with it, new design of electronic banking and digital platform link in the social, economic and political organization that you stimulate, without creating instability, you only want to evolve and respond, you are looking for a convergence and the essence of filtering or reducing the barriers between the participants in commercial exchanges, avoiding the so-called third party or intermediary this lowers the cost structure. We cannot forget the phenomenon of globalization that benefits some countries, how it affects other countries culturally and technologically, it is a consequence of immediate communication and the massification of technology, it depends on whether we are prepared for changes, whether financial or technological.

What is it that we can see in the long term, in just one year of the economic year, to see if it had a favorable impact or not, the level of evolution or maturation of the ecosystem will be reflected in benefits or dividends of the economic models applied, the risk decisions It comes together with the synchronization of these answers, digital is essential and instructing us to take care of ourselves or educate ourselves to the evolution of financial, technological and cultural modernization, that will affect the consumption behavior and preference of a society. The economy for today or our current situation is focused on Internet connection and access to information in real time has changed our way of accessing traditional products and services, then what was experienced in the open veins of the pandemic, we achieved a evolution to satisfy our needs, with it the use of technology for the acquisition of goods and services, but where the block chain remains, it was another way of investing in digital assets and support as a decentralized means of payment to buy goods and services, a way of savings, make daily purchases and sales of other cryptocurrencies, this cultural transformation led us to be a member of more people who become users of devices with an Internet connection, such as mobile phones, computers.

What makes the block chain pleasant is that digital transactions have technology that makes them safe and decentralized, because the cryptocurrency shows us the mirror that they have a totally unappealable support, because of its underlying technology is the blockchain, The design of the algorithm applied to it, everything will be based on the level of confidence that it has, that is the primary effect, to invest in cryptocurrency it is necessary to have digital money or what we have in the bank, and then transform it to the equivalent of what You want to change using a wallet of this type of blockchain, or in the cryptocurrency market, because these digital assets are only a computer code backed by an algorithm, which is also due to the perception of financial illiterate and living miners, what impacts their management are the policies to regulate this digital economy, since it is not how a central bank manages, because the intention to buy the cryptocurrency stimulates its offer and its e Price stability thanks to the fact that through a chain of blocks, it allows to maintain a perpetual record of the transactions carried out. The good side of the coin is that cryptocurrencies commissions are reduced and interest on operations carried out is eliminated, as I mentioned, it reduces operating costs, I also mentioned that we have to educate ourselves more in this matter and in technology, because investments will always be open advances and their financial risks.