The country is trending in cryptocurrency savings as residents look to find ways to protect sayings and face inflation. The risks and how you can protect against them.
There isn’t a government run currency on the planet that has come anywhere remotely close to performing as good as bitcoin in the last decade. Give me something that goes up in value over something that only “slowly” falls in value like the EU or USD.
Currencies going up in value tends to not be great for an economy, as people will save instead of spend. It stops being a currency and becomes somewhat of an asset. A slowly depreciating currency tends to foster the most economic growth.
When crypto is more stable than your national currency, your government has a … problem?
There isn’t a government run currency on the planet that has come anywhere remotely close to performing as good as bitcoin in the last decade. Give me something that goes up in value over something that only “slowly” falls in value like the EU or USD.
Currencies going up in value tends to not be great for an economy, as people will save instead of spend. It stops being a currency and becomes somewhat of an asset. A slowly depreciating currency tends to foster the most economic growth.
A small amount of inflation is good actually.