CHAPTER 1 — TROPTIONS INTRO
Now, let's go back to basics, and ask "What is an Economy?" Is it the people, the government, or the natural resources of the land? It is none of these. With all the economic studies on this subject, the answer is really one thing. The economy is always, always about TRADE and COMMERCE. Wealth and resources mean nothing to use if we do not put them to use. Natural resources are latent values until and "IF" the people turn their goods and services into action or commerce.
If you had a million dollars in cash, you would starve to death unless a hard-working farmer agrees to sell his product for your money. The economy is MONEY in TRANSIT. The more exchanges there are in assets or money, the greater the economy will be and our lives are usually better in a period of good commerce.
The GNP (Gross National Product) is not about how much we possess, but how much we provide for trade to others and other countries.
Rather than dwell on this basic point, let's zero in on cryptocurrency. The wealth made by a cryptocurrency can be locked up because it is not easily fungible or tradable. This is the persistent myth that unless we can turn a cryptocurrency into cash, it isn't worth much. We should always add the word ".... yet." Because when we are able to spend, sell, or trade an asset economy grows.
The optimum for a cryptocurrency is not to "Cash Out" or trade your superior asset for an inferior asset, but to "Stay in the Game" and use that cryptocurrency to leverage your wealth regardless of which way the U.S. dollar is going. Essential USING cryptocurrency is better than CASHING OUT of cryptocurrency.