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RE: Why A Bridge Between Fiat and Crypto Economy Ecosystem is Important

in #money • 6 years ago

Dear @dses

I can't express how much I enjoy quality publications related to blockchain technology. I'm not a specialist but surely I love topics related to this industry. Not to mention my interest with economy.

Your post satisfied my all desires :) hahaha

On more serious note:

Are you Malaysian? I didn't know that situation there is getting so bad. I noticed year ago that economy is slowing down and it has been build mainly (within few years) on forign investments and construction industry.

With current strict and hostile immigration policies there amount of forign investment shrinked.

At the same time developers are already struggling: not only with lack of workforce (since illegal workers are gone and local population is way more expensive). But also with huge amount of empty appartments for sale. In Penang I've seen entire blocks with hardly 10-15 families living in them.

Back to main topic: it would be very unhealthy to have two financial systems living next to each other without any connection between them. Your explanation is right on dot.

ps.
Resteemed already. Plus I decided to set small steem-bounty on your post and share with few friends. Hope you don't mind.

Yours
Piotr

6 years ago in #money by
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     6 years ago  

    There are difficulties in many places around the world.
    And it is possible to know them because the net, and locations like this platform.
    I hope they wii find solutions.
    Thank you for helping people, @crypto.piotr

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     6 years ago  

    And I am foreseeing this is going to get worse for many other countries

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       6 years ago  

      Hey @crypto.piotr

      1. Yes. I am a Malaysian.

      2. Yes it is getting worse as more and more higher paid people are offered VSS (Voluntary Separation Scheme) for the sake of the companies to stay afloat.

      The only thankful part is my boss did not do that but asked us to sign a voluntary temporary salary cut until our clients start paying again.

      1. Yes. Housing development is over providing, and the worse part is that they were building in the hope of foreign investors, overlooking that an average citizen truly struggles when it comes to getting their own home.

      Thank you so much for the bounty! I truly appreciate that.

      We are trying to make an ecosystem that might help to build a sustainable model, and if that works, it could help others by replicating it.

      Right now, all fingers are crossed! 🤞🏼

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       6 years ago  

      Dear @dses

      We are trying to make an ecosystem that might help to build a sustainable model, and if that works, it could help others by replicating it.

      Fingers crossed BIG TIME! :)

      Thank you for that amazing comment. I only had a chance to read it now. Appreciate.

      Yours, Piotr