RE: Crypto Will Drive Labour Cost Deflation
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The importance of cryptocurrency and internet cannot be ignored ever since its emergence. Like you have said, it doesn't matter where you live or stay, with the internet, you can very well market your skills and get paid without any middleman, courtesy of cryptocurrency.
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Thays also a good point taking out the middle man in recruitment and payment makes it even cheaper to hire the best talent for the job it makes companies even more efficient and goods and services even cheaper so we can improve our quality of life
Globalization is a good thing but we need to create more robust markets that don’t just rely on one country to provide x service but let the world compete
Crypto could help I won’t say it will solve it. It sure in the labour marker with more people wanting to work remotely it can be a big factor in how talent earns income going forward