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Crypto Exchange
Can Activity on Crypto Exchanges affect a Country's Currency?
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[QUOTE="Suba, post: 338010, member: 3658"] In my opinion, cryptocurrency can actually increase a person's income or encourage a country's economic growth, and every crypto transaction is carried out on a crypto exchange, be it local or global exchanges. On local exchanges, crypto transactions do not have much influence on money circulation, because the amount of money or money supply in a country does not decrease. but if transactions are carried out on global exchanges it will have a big impact on money circulation. You can imagine if at least 10% of the money circulation in your country moves to crypto which is exchanged in USD then of course the money circulation system will be disrupted or a cash shortage crisis will arise. [/QUOTE]
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Can Activity on Crypto Exchanges affect a Country's Currency?
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