Hello #Question&Answer community! I'm glad to be here with you to share my thoughts on some trending patterns in global economy. Good morning!
In recent years, crypto, blockchains and Web 3 ecosystems as well as AI are taking over the global economy. This is simply because man is pushing on a daily basis towards dependence on technology and the internet as a mainstays for survival.
Since the inception of the industrial revolution in England and it's spread to other parts of the world, man has moved towards reducing the numbers of humans that manually work in factories and production industries to engage the use of machines in their stead.
In the advanced world in most recent times, people have preferred gog economy and jobs in order to save time for themselves as well as reduce the cost of running businesses. Although most parts of Africa and other Third World nations still depends on human efforts to carryout production but this has reduced drastically in recent times.
Why is Web 3 Ecosystems Very Important to the Global Economy?
Most young people today more time on social media and other Web 3 ecosystems. At the extreme levels, most people rarely feel hungry when they're using the social media platforms. This has made most traders and business people to resort to digital marketing on these social media platforms. I may not have the accurate percentage of the revenues that comes from digital marketing but I know it's high and above average.
Web 3 platforms and blockchains are the hope for most people in developing countries. This is been most blockchains platforms (like the hive blockchain) offers free registration for new users, while users create contents that attracts upvotes, making them financially stable.
Irrespective of the efforts by Fed to crackdown the cryptoverse, crypto and Web 3 ecosystems are the future of global economy. It's been obvious that the more they fight Bitcoin, the more it rises over it's current price.
The world leaders needs to take things easy on the cryptoverse for the world economy to move in a smooth pace.